US Existing Home Sales (Mar) 3.98M vs. Exp. 4.06M (Prev. 4.09M, Low. 3.9M, High. 4.14M)
The US Existing Home Sales data for March came in below expectations, indicating a potential slowing in the housing market as sales dropped from 4.09M to 3.98M.
Newsquawk European Market Wrap - 13th April 2026
[MARKET UPDATE] Risk-on seen across markets following NY Post reporter tweet with Brent briefly slipping below USD 100/bbl, bonds, equity futures and high-beta FX bid
US Existing Home Sales (Mar) 3.98M vs. Exp. 4.06M (Prev. 4.09M, Low. 3.9M, High. 4.14M)
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- Inventory of homes for sale 1.36mln units, 4.1 months worth (prev. 3.8 months worth).;
- Median home price for existing homes USD 408,800, +1.4% Y/Y.
With an increase in inventory to 1.36 million units, the rise in months of supply could signal cooling demand, which may have implications for interest rates and housing market policies moving forward.
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