Existing Home Sales Fell 2.2% In May
Existing home sales fell 2.2% to 5.66 million SAAR. Consensus was at 6.2 million. A big miss.
Total housing inventory is flat at 8.3 months cover.
Chart 1. Existing Home Sales
Source: NAR
Tainted Alpha
Global Macro Perspectives
-
Categories
Popular Posts
- Dry Bulk Weekly – February 6, 2012
- U.S. GDP Growth in Q1 2011 At 1.8%
- China Q1 GDP Growth At 9.7%
- China Q4 GDP Growth At 9.8%
- Dry Bulk Weekly – September 20, 2010
- China NDRC Property Index Rose 6.4% In December
- China NDRC Property Index Rose 9.1% In September; China Property Price Growth Rate Consolidates
- Tanker Weekly – September 5, 2011
- Dry Bulk Weekly – January 31, 2011
- Dry Bulk Weekly – January 23, 2012
Tags
AAR US Freight Carloads Baker Hughes Rig Count Baltic Dry Index Ben Bernanke Chicago Purchasing Managers Index China China Industrial Production China PMI Coal Conference Board Consumer Confidence Copper Crude Oil Dry Bulk Earnings Economic Data ECRI Weekly Leading Index Empire State Manufacturing Survey Euro FED FED Funds Rate FOMC Gold Greece Industrial Production Initial Jobless Claims Iron Ore ISM Manufacturing Index Japan MBA Mortgage Applications Natural Gas New Home Sales Nonfarm Payrols Philadelphia Fed General Business Conditions Index Richmond FED Manufacturing Survey S&P/Case-Shiller Home Price Indices S&P 500 Shipping Steel Tanker U.S. Dollar U.S. Durable Goods Orders U.S. GDP U.S. Housing Starts U.S. Retail Sales University of Michigan/Reuters Consumer SentimentCalendar
Belisarius Reads
Links
Meta
Log In
SEARCH TAINTEDALPHA.COM
Recommended Reading
- Succinct summation of week’s events (02/10/12) | The Big Picture
- David Rosenberg: Bearish And Sticking To It - MarketBeat - WSJ
- FT Alphaville » Those haircut-heavy credit claims [updated with more haircuts]
- Buffett Says Bonds Among Most Dangerous Assets on Inflation - Bloomberg
- Gross Raises Holdings of Treasuries to Highest Since 2010 - Bloomberg
- Another important macro weekend awaits | The Big Picture
- Chart of the week: How bad are China’s trade figures? | beyondbrics | News and views on emerging markets from the Financial Times – FT.com
- Calculated Risk: Consumer Sentiment declines in February to 72.5
- Calculated Risk: Trade Deficit increased in December to $48.8 Billion
- A World Flying Blind | The Big Picture
- Open Thread: “Where Are the Bears?” | The Big Picture
- FT Alphaville » Bank of England ups QE (and tweaks its gilts)
- Handing out money instead of candy | The Big Picture
- FT Alphaville » John Paulson vs Hartford Financial
- Are Positives Starting to Dominate ? | The Big Picture
- I’m tired of talking Greece | The Big Picture
- Is QE still working? | Gavyn Davies | Insight into macroeconomics and the financial markets from the Financial Times – FT.com
- FT Alphaville » European repo has been contained!
- Americans Gaining Energy Independence With U.S. as Top Producer - Bloomberg
- Carry or not to carry trade?/China view/Ben | The Big Picture
-
Belisarius Recommends
