HALISTER1: U.S. ECO PREVIEW: Existing Home Sales Due in 5 Minutes

U.S. ECO PREVIEW: Existing Home Sales Due in 5 Minutes

(Bloomberg) -- Existing home sales seen falling 1.8% m/m in Nov. to 5.5m annual rate (forecast range 5.34m to 5.75m); based on closings of single-family homes, town homes, condominiums, co-ops.
  • Oct. sales pace of 5.6m highest since Feb. 2007
  • “Existing home sales have run above the pace of contract signings recently, and this is likely due for a correction”: Bloomberg Intelligence
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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