1:06 pm Existing Home Sales Top 5.00 mln SAAR for the First Time Since October
Existing home sales increased to 5.04 mln SAAR in June from an upwardly revised 4.91 mln SAAR (from 4.89 mln SAAR) in May. The Briefing.com consensus expected existing home sales to increase to 5.00 mln SAAR. This was the first time sales exceeded 5.00 mln SAAR since October 2013. Still, sales are down 2.3% year-over-year. Distressed sales accounted for 11% of June sales, down from 15% a year ago. Investor sales, however, have not gone away.
Sales to all-cash buyers accounted for 32% of existing …More
|Existing home sales||10:00AM|
|Jobless Claims||Jul 24|
|New home sales||Jul 24|
|Wholesale Inventories||Jul 24|