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Investing.com - U.S. existing home sales fell more-than-expected in November, fuelling concerns over the U.S. housing sector, industry data showed on Thursday.
In a report, the National Association of Realtors said that existing home sales declined 4.3% to a seasonally adjusted 4.90 million units last month from 5.12 million in October. Analysts had expected U.S. existing home sales to fall 1.5% to 5.03 million units in November.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD shedding 0.15% to trade at 1.3665.
Meanwhile, U.S. equity markets remained lower. The Dow Jones Industrial Average shed 0.15%, the S&P 500 index dipped 0.25%, while the Nasdaq Composite index fell 0.5%.
In a report, the National Association of Realtors said that existing home sales declined 4.3% to a seasonally adjusted 4.90 million units last month from 5.12 million in October. Analysts had expected U.S. existing home sales to fall 1.5% to 5.03 million units in November.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD shedding 0.15% to trade at 1.3665.
Meanwhile, U.S. equity markets remained lower. The Dow Jones Industrial Average shed 0.15%, the S&P 500 index dipped 0.25%, while the Nasdaq Composite index fell 0.5%.