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Existing Home Sales MoM

Name: Existing Home Sales MoM
Creator: TipRanks

The 'Existing Home Sales MoM' in the USA measures the month-over-month percentage change in the number of previously owned homes sold. It is a key indicator of housing market health, reflecting consumer confidence and economic stability. Significant changes can impact financial markets, as strong sales may suggest economic growth, while declines could indicate economic weakness. This data influences monetary policy decisions and investor sentiment, making it crucial for economic analysis.