Tag Archives: Nowcast

Originally, Auction.com predicted the total number of existing-home sales to fall between 5.49 and 5.84 million annual sales with a targeted number of 5.67 million.

Yesterday, the National Association of Realtors (NAR) reported that existing-home sales were at 5.04 million units, a 3.3 percent decrease from March, though up 6.1 percent from a year ago. Both, Auction.com and Consensus estimates were off for April because they predicted a stronger performance based on data released in March.