US February existing home sales 6.02m vs 6.10m expectedPrior was 6.50m (revised to 6.49m)
Sales -7.2% vs +6.6% prior
Inventories at 1.7 months
Prices +15.0% y/y to $357.3KFull report
The issue in the US is inventories; they're extremely tight. I highlighted more on US housing earlier but I'll repeat it here and US home price
Source: US February existing home sales 6.02m vs 6.10m expected (https://www.forexlive.com/news/us-february-existing-home-sales-602m-vs-610m-expected-20220318/)
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