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US existing home sales for July 4.07M vs 4.15M estimate

Prior month 4.16MExisting home sales for July 4.07M vs 4.15M estimateSales are down -16.6% from a year agoinventory of homes 3.3 months versus 3.1 months last monthSupply of homes 1.11 billion at the end of July for an increase of 3.7% from the previous month.Median sales price $406,700 versus $410.2 K last month. Prices rose in the Northeast, Midwest, and South and were unchanged in the WestMedian sales price is up 1.9% from a year ago1st time buyers were responsible for 30% of the sales in Ju... Read More

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Posted: Aug 22 2023, 14:00

Author Name: forexlive

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