• Lawler: Early Read on Existing Home Sales in October

    27 days ago - By Calculated Risk

    From housing economist Tom Lawler: Early Read on Existing Home Sales in October
    Based on publicly-available local realtor/MLS reports from across the country released through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.31 million in October, up 3.1% from October's preliminary estimate, and down 3.5% from last October's seasonally adjusted pace. Unadjusted sales should show a smaller YOY decline, reflecting the higher business day count this October compared to last October.
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