Perhaps more daunting than the existing home sales statistics are pending home sales.
Then there was the fastest rate of car sales since 2008 coupled with the strongest level of existing home sales since 2010, it said in the blog post.
The National Association of Realtors reported Monday that the pace of existing home sales in the United States rose 6.3% in December, or 4.7 million, from November's annual rate of 4.5 million.
The National Association of Realtors also announced on Thursday that the pace of existing home sales in the United States rose in May to a 4.99 million-unit annual rate, slightly beating Wall Street's expectations.
Say a company increases its sales at a positive EVA margin, but a lower one than the margin on existing sales.
The NAR existing-home sales forecast for the first quarter was about 5.2 million sales, gradually rising over the course of 2011 and into 2012.
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First, while no one really expects anything in relation to the housing market to be anything but disappointing, the report on Existing Home Sales did come in well below the consensus estimates.
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This leads us to question how much of the surge in existing home sales in 2010 has been solely attributable to the tax credit program.
There is a full slate of potentially market-moving data out on Thursday, including jobless claims, the Consumer Price Index, existing home sales, the Philadelphia Fed Survey, Leading Indicators, and the flash PMI Manufacturing Index.
U.S. economic data due for release Tuesday includes the weekly Goldman Sachs and Johnson Redbook retail sales reports, existing home sales, and the Richmond Fed business survey.
Across the U.S., the sales prices of existing homes have increased by nearly 8%.
This week, the economic focus is housing, with existing home sales and the Housing Market Index on Monday, followed by housing starts on Tuesday.
U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, existing home sales and the weekly DOE energy stocks report.
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U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, existing home sales, the weekly DOE energy stocks report and the FOMC meeting statement.
U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, existing home sales, the weekly DOE energy stocks report and the release of the minutes of the last FOMC meeting of the Federal Reserve.
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Over the past year we have seen new and existing home sales on the rise in conjunction with prices, which is an encouraging sign.
U.S. economic data due for release Tuesday includes the Chicago Fed national activity index, existing home sales, and the Richmond Fed business survey.
Despite strong sentiments on both sides of the restructuring debate, it is too late to reverse directions in the wholesale market given the existing investments in unregulated generation and the sales efforts built to support that.
U.S. economic data due for release Thursday includes the weekly jobless claims report, the consumer price index, the flash manufacturing PMI, existing home sales, leading economic indicators, the weekly DOE liquid energy stocks report, and the Philadelphia Fed business outlook survey.
The National Association of Realtors, the estate agents' trade body, says that the median sales price for existing homes went up by only 4.2% in the year to April, compared with 16.6% in the year to October.
U.S. economic data due for release Thursday includes the weekly jobless claims report, new residential construction, existing home sales and the FOMC results.
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U.S. economic data due for release Thursday includes the weekly jobless claims report, leading economic indicators, existing home sales and the Philadelphia Fed business outlook survey.
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In the week ahead, this Tuesday we get existing home sales, as the markets will be closed Monday for the Martin Luther King holiday.
Worse, McDonald's was opening stores too fast, with each new one eating into the sales of existing outlets.
In the US, existing housing sales, housing starts, and initial claims and leading economic indicators beat market expectations.
Thus, top-line growth in the region will come from increased presence rather than the existing restaurants generating higher sales.
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The chart of existing home sales does appears to have bottomed, as it has broken out of its base formation.
It increased the sales at existing company-owned stores 9.2% in the first quarter compared to a year earlier, and 7.3% at franchised restaurants.
U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, new residential construction, existing home sales and the weekly DOE energy stocks report.
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