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Existing home sales unexpectedly fall in January for 12th straight month

Por: Fox Business Business February 22, 2023

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Piper Sandler chief investment strategist Michael Kantrowitz shares his 2023 market outlook ahead of the January inflation data after futures data signals a continued rally. U.S. existing home sales slowed for the 12th consecutive month in January as , surging inflation and steep home prices sapped consumer demand from the housing market.  Sales of previously owned homes tumbled 0.7% in January from the prior month to an annual rate of 4... + full article



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