US October existing home sales 4.43m vs 4.38m expected

  • US October existing home sales data
US existing home sales
  • Prior was 4.71m
  • Sales m/m -4.3% vs -1.5% m/m prior
  • Prices up 6.6% y/y

Existing home sales is a lower-tier, lagged data point but it exemplifies the slowdown. Until rates turn, this won't pick up.

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