RICS Global Real Estate Weekly Comment: U.S. Home Sales May Pick Up in Spring

04/16/2010 01:54

US existing home sales data for March are due on Thursday 22nd from the National Association of Realtors with new home sales data also for March released the following day from the Census Bureau. Both have been worsening in the past few months. In February new homes sales data hit a historical low of 315,000 units (annualized) and US existing home sales declined to 5.02mn units (annualized), its fourth consecutive monthly fall. Read the full report here.