Report
Data Round-Up: Existing Homes Post Healthy Sales Gain for the Year, Very Lean Inventory
posted by Michael Lewis on January 24, 2017
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Headline
As expected, existing home sales retrenched a bit at year-end. Nonetheless, the trend remains upward. Meanwhile, today’s batch of regional surveys underscored the story of an improving economy in early 2017.
Abstract
FMI’s review of this morning’s December Existing Homes Sales report and January regional surveys from the Philadelphia Fed (non-manufacturing) and Richmond Fed (manufacturing, services).