The third report on existing home sales published on Friday also beat market expectations.
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Last week, existing home sales and new home sales were both better than expected.
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U.S. economic data due for release Friday is light and includes existing home sales.
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Unlike existing home sales, new home sales count as soon as a contract is signed.
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Thursday will feature September existing home sales, the October Philadelphia Fed survey and September leading indicators.
Existing home sales were lower on Friday, as the increased demand has reduced the inventory.
U.S. economic data due for release Monday includes existing home sales and the NAHB housing market index.
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November existing home sales data and the final revision to third-quarter GDP will be released on Wednesday.
Existing home sales and housing starts, they're going to reach a trough maybe in the third quarter of this year.
Existing home sales surged 5.9%, and the Philadelphia Fed Survey was much better than the previous month.
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On Monday, we get new existing home sales data and the new home sales report follows on Tuesday.
U.S. economic data due for release Monday includes the Chicago Fed national activity index and existing home sales.
The data follows a separate government report released Monday showing that existing home sales fell 9.6% in February.
In November existing home sales rose 4% to a seasonally adjusted 4.42 million from 4.25 million in October.
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February existing home sales, released on Monday, showed a beleaguered housing market which has yet to hit bottom.
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Existing home sales declined in September, however were up from their year ago levels, and increased in October.
In 2012, housing starts, home prices and existing home sales all rose for the first time since 2005.
Perhaps more daunting than the existing home sales statistics are pending home sales.
The latest numbers on housing come Wednesday, with housing starts and existing home sales data due to be released.
On Tuesday, we have housing starts, followed by existing home sales on Wednesday.
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For all of last year, existing home sales fell 13.1%, to 4.9 million units, the lowest level since 1997.
Compared to a year ago, existing home sales are up a notable 9.1%.
In fact, the worst may be yet to come for existing home sales.
Existing home sales entail completed sales of single-family homes, condos, townhomes and co-ops.
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This week, we get more news on housing, with existing home sales on Tuesday and new home sales this Wednesday.
Monday morning it was that existing home sales rose 10% in September, much better than forecasts of a 4% increase.
The chart of existing home sales does appears to have bottomed, as it has broken out of its base formation.
Existing home sales plunged in July in the largest monthly decline ever, to an annualized pace of only 3.37 million homes.
First it was reported that existing home sales fell 2.2% in May, versus the consensus forecast of a rise of 6.1%.
Though housing starts slipped a bit, existing home sales rose sharply again in August, to the highest rate since May 2010.
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