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U.S. Existing Home Sales Decrease Roughly In Line With Estimates In May

By Scott Izard  ✉   | Published:   | Follow Us On Google News
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The National Association of Realtors released a report on Friday showing existing home sales in the U.S. decreased roughly in line with economist estimates in the month of May.

The report said existing home sales slid 0.7 percent to an annual rate of 4.11 million in May after tumbling by 1.9 percent to an annual rate of 4.14 million. Economists had expected existing home sales to drop to a rate of 4.10 million.

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Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.