Report
Data Round-Up: Lean Inventories Depressing Home Sales; Price Gains Stay Brisk
posted by Michael Lewis on February 21, 2018
Report Cover
Headline
Existing home sales fell -3.2% to 5.38 mm units in January (seasonally-adjusted at annual rate). Single-family homes posted a larger decline, -3.8% to 4.76 mm units. The consensus had expected some rebound from the slack December pace.
Abstract
FMI’s review of this morning’s January Existing Home Sales report.
About Michael Lewis
Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.
FMI has compiled a solid record of timely, independent and accurate economic forecasts. FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.
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