Existing Home Sales decreased to a 5.45 million annual pace, down 16.7%, more than the expected decrease to 5.94 million, for December from the 6.54 million pace reported in November. Sales are up by 15.0% from the 4.74 million pace in December 2008. Activity in November was at the highest pace since February 2007 when it hit 6.55 million. The national median existing-home price for all housing types was $177.500, which is up 1.4% from a year ago.
Upcoming Releases
Existing Home Sales (01/25 at 10:00 AM EST)
Consumer Confidence (01/26 at 10:00 AM EST)
New Home Sales (01/27 at 10:00 AM EST)
Crude Inventories (01/27 at 10:30 AM EST)
