Existing Home Sales (Feb)
Survey | 4.85M |
Actual | 5.03M |
Prior | 4.89M |
Revised | n/a |
Existing Home Sales MoM (Feb)
Survey | -0.8% |
Actual | 2.9% |
Prior | -0.4% |
Revised | n/a |
Existing Home Sales Inventory (Feb)
Survey | n/a |
Actual | 4.034 |
Prior | 4.160 |
Revised | n/a |
Better than expected.
Inventories coming down.
Median price down.
Expanded agency limits for conforming mortgages begin in May, which may be delaying closings for higher priced homes.
An upturn in housing can put the Fed on hold and support higher Q2 GDP growth.