US November existing home sales 4.15m vs 4.07m expected


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  • Prior was 3.96m
  • Sales % vs +3.4% prior
  • Sales -4.2% vs +2.9% y/y prior
  • Inventory vs 4.2 months prior
  • Median prices $ vs $407,200 prior
  • Prices +% vs +4.0% y/y prior

US 30-year mortgage rates are flirting with 7% again and that’s not a good sign for the housing market.

This article was written by Adam Button at www.forexlive.com.

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