Sales of Existing Homes Fell More Than Forecast

The video discusses the discrepancy between Wall Street's forecast and actual existing home sales figures, highlighting a significant monthly decline. Despite the drop, current sales levels are still better than the lows of 2010 but not as high as the peak years of 2005-2007.

What was the forecasted number of existing home sales according to the survey of economists?

• 4.93 million

• 5.2 million

• 5.26 million

• 6 million

How did the actual number of existing home sales compare to the previous month?

• It was higher

• It was the same

• It was lower

• It was significantly higher

What was the percentage drop in existing home sales month over month?

• 5.2%

• 6.1%

• 1.1%

• 4.9%

What was the expected percentage drop in existing home sales?

• 3.0%

• 1.1%

• 2.5%

• 6.1%

Compared to which years are the current home sales figures not as high?

• 2008 to 2010

• 2005 to 2007

• 2000 to 2002

• 2010