Investing.com - U.S. existing home sales fell unexpectedly in March, while the previous month’s figure was revised lower, industry data showed on Monday.
In a report, the National Association of Realtors said that existing home sales eased down 0.6% to a seasonally adjusted 4.92 million units in March from February’s revised total of 4.95 million.
February existing home sales were initially reported at 4.98 million units.
Analysts had expected U.S. existing home sales to rise 0.5% to 5.01 million units in March.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD shedding 0.18% to trade at 1.3026.
Meanwhile, U.S. equity markets turned mixed. The Dow Jones Industrial Average fell 0.3%, the S&P 500 index declined 0.2%, while the Nasdaq Composite index added 0.4%.
In a report, the National Association of Realtors said that existing home sales eased down 0.6% to a seasonally adjusted 4.92 million units in March from February’s revised total of 4.95 million.
February existing home sales were initially reported at 4.98 million units.
Analysts had expected U.S. existing home sales to rise 0.5% to 5.01 million units in March.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD shedding 0.18% to trade at 1.3026.
Meanwhile, U.S. equity markets turned mixed. The Dow Jones Industrial Average fell 0.3%, the S&P 500 index declined 0.2%, while the Nasdaq Composite index added 0.4%.