Share Prices & Company Research

Market News

19 Feb 2021 | 15:21

US existing home sales edge past forecasts in January

(Sharecast News) - Second-hand sales of homes edged past forecasts last month.

According to the National Association of Realtors, in seasonally adjusted terms, so-called existing home sales grew by 0.6% month-on-month to reach an annualised pace of 6.69m.

Economists had penciled-in a reading of 6.62m.

Prices were also higher alongside, with the median price standing 14.1% higher than a year ago at $303,900

In parallel, the inventory of homes available for sale had fallen 25.7% to 1.04m.

Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
Continuing our Personal Service: View our Latest COVID-19 Update: 14th May 2021
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.