US Existing Home Sales Oct: 3.79M (Estimated: 3.90M; Previous: 3.95M)
- Existing Home Sales (M/M) Oct: -4.1% (Estimated -1.5%; Previous -2.2%)
Home sales fell 4.1% MoM (down for the 20th time in the last 23 months) with September's 2.0% MoM decline revised to -2.2% MoM. That decline left existing home sales down 14.6% YoY.
The total existing home sales plunged to 3.79 million which is the lowest level since 2010. Source: Bloomberg via ZeroHedge
US100 extends declines and is trading near yesterday's opening levels.
Source: xStation
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