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U.S. EconomyIMPORTANT

US Existing Home Sales (Jun) 4.09M vs. Exp. 4.20M (Prev. 4.17M)

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June existing home sales missed expectations at 4.09M, while the median price rose to $440,600 and inventory reached a 4.6-month supply, indicating a tightening yet cooling housing market.

News detail

June inventory of homes for sale 1.56mln units, 4.6 months' worth (prev. 4.5 months' worth). June national median home price for existing homes USD 440,600, +1.8% Y/Y (prev. 429.3k).

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