Analysts at Nomura expect US existing home sales to increase modestly in May, up 1.5% to an annualized pace of 5.54mn. Key Quotes “Pending home sales, upstream from existing home sales, increased in both February and March despite a modest decline in April, which points to a modest increase in existing sales in May after a 2.5% decline in April. However, continued inventory shortages, worsening affordability and rising mortgage rates pose some downside risk to the medium-term outlook for existing home sales.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next TRY: Most important election in modern Turkish history – Nordea Markets FX Street 3 years Analysts at Nomura expect US existing home sales to increase modestly in May, up 1.5% to an annualized pace of 5.54mn. Key Quotes "Pending home sales, upstream from existing home sales, increased in both February and March despite a modest decline in April, which points to a modest increase in existing sales in May after a 2.5% decline in April. However, continued inventory shortages, worsening affordability and rising mortgage rates pose some downside risk to the medium-term outlook for existing home sales." Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
