October 2017 US existing home sales 21 November 2017
- Prior 5.39m. Revised to 5.37m
- Inventories 1.8m or 3.9 months worth vs 1.9m & 4.2 months prior
- Median prices $247,000 vs $245,100 prior
- Distressed sales 4.0% unch vs Sep. 5.0% Oct 2016
Signs of a tightening up in inventories which would help lift prices.
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