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Friday, May 20, 2016

Here come existing home sales ...

The National Association of Realtors will release data on existing home sales during April at 10 a.m. ET.  Economists forecast that sales of existing condos, co-ops and single-family homes rose 1.3% at a seasonally adjusted annual rate of 5.4 million, according to Bloomberg.  Big gains in the Northeast and Midwest despite lofty prices and low inventory drove sales up by 5.1% at a rate of 5.33 million in March.  We'll have the latest data at the top of the hour, so refresh this page for updates. NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy


READ THE ORIGINAL POST AT www.businessinsider.com