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 5.3m; range 5.1m to 5.46m (74 estimates)
  • Existing Homes -0.93% m/m; range -4.67% to 2.06% (74 estimates)
    • “Disruption caused by the recent storms will likely weigh on housing resales in the next few months. The August decline in the South showed many contract signings were canceled in anticipation of inclement weather or due to the post-landfall flooding affecting vast areas in the region”: Bloomberg Intelligence
    • In August, re-sales fell to a 1-year low of 5.35 million
To contact the reporters on this story: Alex Tanzi in Washington at atanzi@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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