Existing-Home Sales Drop for First Time Since Feb.

Existing-Home Sales Drop for First Time Since Feb.

Assessment

Interactive Video

Business

University

Hard

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The video tutorial discusses the recent sales figures for existing homes, which have fallen to 5.39 million, below the Bloomberg survey estimate of 5.51 million and the prior reading of 5.57 million. This represents a 3.2% decline, contrary to the expected 1.1% fall. The instructor uses the Bloomberg Terminal to show sales trends over the years, highlighting that current levels are similar to those in 2007. The video emphasizes the month-on-month decline in existing home sales.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the actual sales figure reported, and how did it compare to the median estimate?

5.39 million, below the estimate of 5.51 million

5.51 million, matching the estimate

5.57 million, above the estimate

5.39 million, above the estimate of 5.51 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage fall in sales compared to the expected fall?

3.2% fall against an expected 3.2% fall

3.2% fall against an expected 1% fall

1% fall against an expected 1% fall

1% fall against an expected 3.2% fall

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What tool is used to analyze the sales trends over the past several years?

Bloomberg Terminal

Microsoft Excel

Salesforce

Google Analytics

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the most recent sales reading in 2016?

5.57 million

5.39 million

5.51 million

5.60 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To which year is the current sales level compared, and what is the focus of this comparison?

2007, focusing on the month-on-month decline

2010, focusing on the annual growth

2005, focusing on the quarterly increase

2012, focusing on the yearly stability