Existing Home Sales - January 2016


ECONODAY: Existing home sales, up 0.4 percent in January to a 5.47 million annualized rate, held on to the bulk of December's surge. Year-on-year sales growth is in the double digits, at 11.0 percent. In a sign of underlying household strength, the single-family component rose 1.0 percent to 4.86 million for a year-on-year 11.2 percent. Condos, which had been stronger of the two components, are now slowing, at 610,000 and down 4.7 percent for a year-on-year 8.9 percent...