» Existing home sales up on mild weather Decision Economics

Existing home sales up on mild weather

Posted February 22, 2012 by Editor

[private]Existing home sales rose 4.3% m/m due to mild weather, lower prices. While January existing home sales were less than anticipated, at 4.57M (Consensus: 4.66M; Decision Economics: 4.68M), this was due largely to a December revision from 4.61M to 4.38M. That dampened the stronger message of earlier months, but put the January month-over-month gain ahead of consensus, at 4.3% m/m (Consensus: 1.1% m/m; Decision

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