by Calculated Risk on 12/15/2017 05:42:00 PM

A short note from housing economist Tom Lawler:

"Based on what I've seen so far, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.77 million in November."

CR Note: Existing home sales for November are scheduled to be released next Wednesday. The consensus is for sales of 5.53 million SAAR. Take the over on Wednesday!