Existing Home Sales increased to a 5.28 million annual pace, up 12.3%, higher than the expected increase to 4.85 million, for December from the 4.70 million pace in November. Sales are down by 2.9% from the 5.44 million-unit level in December 2009. The national median existing-home price for all housing types was $168,800, which is 1.0% below December 2009.
The Leading Indicators Index increased by 1.0% to 112.4 (2004=100) in December, higher than the expected 0.6% increase, after increasing 1.1% in November. The Coincident Indicators Index increased by 0.2% to 101.9 (2004=100) in December, following a 0.1% increase in November and 0.2% a increase in October. The Lagging Indicators increased by 0.3% in December to 108.4 (2004=100) after decreasing by 0.1% in November and remaining unchanged in October.
Upcoming Releases
Crude Inventories (01/20 at 10:30 AM EST)
Consumer Confidence (01/25 at 10:00 AM EST)
New Home Sales (01/26 at 10:00 AM EST)
Crude Inventories (01/26 at 10:30 AM EST)
Consumer Confidence (01/25 at 10:00 AM EST)
New Home Sales (01/26 at 10:00 AM EST)
Crude Inventories (01/26 at 10:30 AM EST)
