Existing Home Sales decreased to a 4.43 million annual pace, down 2.2%, lower than the expected decrease to 4.46 million, for October from the 4.53 million pace in September. Sales are down by 25.9% from the 5.98 million-unit level in October 2009. The national median existing-home price for all housing types was $170,500, which is 0.9% below October 2009.
Upcoming Releases
FOMC Minutes (11/23 at 2:00 PM EST)
Personal Consumption Expenditures (11/24 at 8:30 AM EST)
Durable Orders (11/24 at 8:30 AM EST)
Crude Inventories (11/24 at 10:30AM EST)
