US January existing home sales 4.62 m vs 4.67m expected

Author: Adam Button | Category: News

Existing home sales from the National Association of Realtors:

  • Prior reading was 4.87m
  • Lowest in 18 months
  • Sales down 5.1% month-over-month
existing home sales Feb 21

existing home sales

`Poor weather wasn`t completely to blame for the drop in activity,`the NAR chief economist said. He also cited lack of inventory.

EURUSD rose to a fresh high at 1.3759a after the data.