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Existing home sales drop 4.9% to 4.82M rate in January

Analysts polled by Thomson Reuters forecast the index to have declined by 0.8 percent for the month of January. Existing home sales had gained 2.4 percent, or 5.04 million units, in the previous month.. This is a breaking news story.

Analysts polled by Thomson Reuters forecast the index to have declined by 0.8 percent for the month of January. Existing home sales had gained 2.4 percent, or 5.04 million units, in the previous month.

This is a breaking news story. Please check back for updates.

Click here for market reaction.