Investing.com - U.S. existing home sales rose less-than-expected in April, industry data showed on Wednesday.
In a report, the National Association of Realtors said that existing home sales eased up 0.6% to a seasonally adjusted 4.97 million units in April from March’s revised total of 4.94 million.
Analysts had expected U.S. existing home sales to rise 1.4% to 4.99 million units in April.
Following the release of the data, the U.S. dollar held on to losses against the euro, with EUR/USD adding 0.63% to trade at 1.2986.
Meanwhile, U.S. equity markets were higher. The Dow Jones Industrial Average rose 0.5%, the S&P 500 index added 0.6%, while the Nasdaq Composite index gained 0.5%.
In a report, the National Association of Realtors said that existing home sales eased up 0.6% to a seasonally adjusted 4.97 million units in April from March’s revised total of 4.94 million.
Analysts had expected U.S. existing home sales to rise 1.4% to 4.99 million units in April.
Following the release of the data, the U.S. dollar held on to losses against the euro, with EUR/USD adding 0.63% to trade at 1.2986.
Meanwhile, U.S. equity markets were higher. The Dow Jones Industrial Average rose 0.5%, the S&P 500 index added 0.6%, while the Nasdaq Composite index gained 0.5%.