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

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

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.
  • Existing Homes 5.45m; range 5.35m to 5.58m (73 estimates)
  • Existing Homes 0.18% m/m; range -1.65% to 2.57% (73 estimates)
    • "While the fundamentals remain supportive, the supply issue is unlikely to be resolved any time soon. The problem will only be amplified, given the number of homes destroyed by the hurricanes”: Bloomberg Intelligence
    • In July, existing home sales dropped 1.3 percent to 5.44 million at an annual rate, the fourth decline so far this year
To contact the reporters on this story: Chris Middleton in Washington at cmiddleton2@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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