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November 2015 US existing home sales 4.76m vs 5.35m exp

Discussion in 'Market News' started by ForexLive, Dec 22, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Details of the November 2015 US existing home sales data report 22 December 2015 - Prior 5.36m. Revised to 5.32m The 10.5% drop is the biggest for over 5 years. The NAR said that new paperwork regulation may be behind the drop due to lenders and closers being cautious about the new regs. Perhaps the more worrying fact was that 9% of sales were distressed vs 6% in Oct

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