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Existing
Home Sales |
|
 |
Measures
the number of existing (not new build) residential homes that
were sold over the previous month. This monthly figure is annualized. |
 |
In
the US these figures are published by the National Association
of Realtors. A rising trend is seen to reflect a bullish economy.
This is because consumers will usually only make large purchases
when they feel comfortable about economic conditions. |
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