US Existing Home Sales Rise Unexpectedly As Investors Dominate

11-22-2021 • https://www.zerohedge.com, by Tyler Durden

After September's surprise 7.0% MoM surge in existing home sales, analysts expected a modest 1.4% MoM retracement in October but they once again under-estimated the wall of money coming from 'investors' (rather than average joe Americans).