U.S. EconomyIMPORTANT
US Existing Home Sales (Aug) 3.98M vs. Exp. 3.98M (Prev. 4.06M)
StockNow breaking-news AI analysis
August US existing home sales hit 3.98M as expected. Inventory reached a post-2015 high of 4.9 months' supply, while median home prices rose 1.6% year-over-year to $429.1k.
News detail
Inventory of homes for sale 1.62mln units, 4.9months' worth (prev. 4.6 months M/M) - highest since 2015. Median home prices USD 429.1k, +1.6% Y/Y (prev. USD 434.1k M/M).
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