US April existing home sales 4.00m vs 4.10m expected ...Middle East

Prior was 4.02mSales change -0.5% vs -5.9% priorInventory at 4.4 months vs 4.0 priorMedian prices at $414K, up 1.8% y/y

Sales bottomed in the 3.90m range in 2023 and 2024. With borrowing rates now well-above 7%, I suspect we're headed back there.

This article was written by Adam Button at www.forexlive.com.

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