Report
Data Round-Up: Existing Home Sales Slump for Third Month; Inventory Turning Up
posted by Michael Lewis on July 23, 2018
Found in US, categorized in Growth Outlook and Business Cycle
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Headline
Existing home sales fell -0.5% in June to 5.38 mm units (seasonally-adjusted at annual rate). This was the low end of their expected range. Single-family homes sales posted a comparable decline to 4.76 mm units.
Abstract
FMI’s review of this morning’s June Existing Home Sales report