Investing.com - U.S. existing home sales fell more-than-expected in October, fuelling concerns over the U.S. housing sector, industry data showed on Wednesday.
In a report, the National Association of Realtors said that existing home sales declined 3.2% to a seasonally adjusted 5.12 million units in October from 5.29 million in September.
Analysts had expected U.S. existing home sales to fall 2.6% to 5.13 million units last month.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD shedding 0.04% to trade at 1.3532.
Meanwhile, U.S. equity markets remained higher. The Dow Jones Industrial Average rose 0.1%, the S&P 500 index added 0.15%, while the Nasdaq Composite index inched up 0.15%.
In a report, the National Association of Realtors said that existing home sales declined 3.2% to a seasonally adjusted 5.12 million units in October from 5.29 million in September.
Analysts had expected U.S. existing home sales to fall 2.6% to 5.13 million units last month.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD shedding 0.04% to trade at 1.3532.
Meanwhile, U.S. equity markets remained higher. The Dow Jones Industrial Average rose 0.1%, the S&P 500 index added 0.15%, while the Nasdaq Composite index inched up 0.15%.