The Week Ahead Checking in on Existing Home Sales

first_img Share On Wednesday, January 24, at 10 a.m. EST, the National Association of Realtors will release its data on existing home sales for December 2017. The NAR report tallies the number of previously built homes that sold during a given month. Since existing home sales account for a large percentage of overall home sales, the NAR report is an important snapshot of the state of the housing market at any given point.In November 2017, existing home sales were up 5.6 percent month-over-month, spiking for the third month in a row and showing the strongest performance in almost 11 years. The West was the only national region that didn’t see a significant increase in existing home sales during November.Here’s what else is scheduled for The Week Ahead:Chicago Federal Reserve Bank President Charles Evans to speak at Chicago Council of Global Affairs conference on “The Future of Monetary Policy: Embracing the Unconventional” in Chicago, Illinois, Tuesday, 6:30 p.m. ESTMBA Mortgage Applications, Wednesday, 7 a.m. ESTFHFA House Price Index, Wednesday, 9 a.m. ESTJobless Claims, Thursday, 8:30 a.m. ESTBloomberg Consumer Comfort Index, Thursday, 9:45 a.m. ESTNew Home Sales, Thursday, 10 a.m. ESTFed Balance Sheet, Thursday, 4:30 p.m. ESTGross Domestic Product, Friday, 8:30 a.m. EST in Daily Dose, Featured, News The Week Ahead: Checking in on Existing Home Salescenter_img January 21, 2018 559 Views Existing-Home Sales NAR National Association of Realtors The week ahead 2018-01-21 David Whartonlast_img

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