Existing Home Sales Up to 5.92M Rate

Vadum, Matthew
June 2003
Bond Buyer;6/26/2003, Vol. 344 Issue 31665, p2
Trade Publication
Existing home sales rose 1.2% in May 2003 to a seasonally adjusted annual rate of 5.92 million units. The May sales rate was the third highest on record and followed an upwardly revised level of 5.85 million units in April, originally reported as 5.53 million units. Last month's sales were 4.4% above the May 2002 level of 5.67 million units. IFR BondData America's poll of economists had projected a rate of 5.90 million.


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