Highlights of the October 2015 US existing home sales data report 23 November 2015
- Prior 5.55m
- Inventory 4.8m unch
- Median house price $219,600 vs $221,900 in Sep. +5.4% y/y
The NAR note that sales have fallen in the states that have shown the biggest price rises. That could indicate that prices are nearing a top and that sales could slow. We'd need to see that develop further before we get worried about it
US existing homesales
We'll have to wait until Wednesday for new home sales to get a clearer picture for the month
