Existing Home Sales: Lending is PC

Posted December 20, 2012 by rvillareal

November existing home sales rise a more-than-expected 5.9% (Consensus: +2.3%; Decision Economics: +0.6%) from a prior-month level revised down by 0.6%.  There were increases stronger than the overall gain in all regions other than the West–where growth was modest, after a much better October result than seen elsewhere.