Consumer sentiment decreased 0.2% month over month in October to 48, and was down 10.4% from one year ago, according to final results of the University of Michigan Surveys of Consumers. The Current Economic Conditions Index dropped 8.3% from the previous month to 46.7. The Consumer Expectations Index increased 5.4% to 48.8.
NAR: Existing home sales fell in October
Existing home sales decreased 5.5% to a seasonally adjusted annual rate of 3.75 million in October, according to the National Association of Realtors. The median existing home sales price increased 0.4% to $416,700.









