Sales Of Existing Homes In U.S. Fell 2.2% In October

(For October 2010)

Sales of existing homes in U.S. fell 2.2% to 4.43 million units SAAR. Consensus was at 4.5 million.

Chart 1. U.S. Existing Home Sales

Total housing inventory is at 3.9 million units down from 4.0 million in September. Months supply fell from 10.6 to 10.5 months.

Chart 2. U.S. Existing Home Sales Inventory & U.S. Existing Home Sales Months Supply SAAR

Stuck at bottom…

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This entry was posted on Tuesday, November 23rd, 2010 at 9:27 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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