Existing Home Sales Rose 7.9% In April

Existing home sales rose 7.9% to 5.77 million SAAR. Consensus was at 5.6 million. Again, the first home buyer tax credit expiring.

Supply jumped 11.5% to 8.4 months cover.

Chart 1. Existing Home Sales

Source: NAR

This entry was posted on Monday, May 24th, 2010 at 9:04 am and is filed under U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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