U.S. Existing home sales at 4.59 million in February

Wednesday, 21 March 2012 04:13

The National Association of Realtors reported today a decrease in existing home sales index to total 4.59 million in February, below expectations for 4.61 million reading.

Prior month data was revised 4.63 million units.

Comparing with 2011, February showed 8.8% higher reading than year earlier.

Euro remained stronger against US dollar after news release. EUR/USD was traded at 1.3220.