Existing Home Sales (Feb.)

Existing home sales rebounded in February as buyers took advantage of falling mortgage rates. Weak mortgage applications data point to sales dropping back again in March, but with turmoil in the banking sector contained we remain content with our forecast that existing home sales will pick up to 4.8m annualised by year-end as affordability improves.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.