Data Flash: September Existing Home Sales +10.0%. Inventory -1.9%. Median Price -2.4% YoY

The National Association of Realtors has released September Existing Home Sales data…</p

RTRS-US SEPT EXISTING HOME SALES  4.53 MLN UNIT ANNUAL RATE (CONS 4.30 MLN) VS AUG 4.12 MLN (PRV 4.13 MLN)-NAR
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RTRS-US SEPT EXISTING HOME SALES +10.0 PCT (CONS +4.0 PCT) VS AUG +7.3 PCT (PREV +7.6 PCT)-NAR
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RTRS-US SEPT INVENTORY OF HOMES FOR SALE -1.9 PCT TO 4.040 MLN UNITS, 10.7 MONTHS’ SUPPLY-NAR
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RTRS-US SEPT NATIONAL MEDIAN PRICE FOR EXISTING HOMES $171,700, -2.4 PCT FROM SEPT 2009-NAR
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RTRS-US NAR SAYS 35 PCT OF U.S. SEPT EXISTING HOME SALES WERE DISTRESSED SALES VERSUS 34 PCT IN AUG
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RTRS-TABLE-U.S. Sept existing home sales rose 10.0 pct</p

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