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Existing Home Sales Slip in July - First Decline in Five Months

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 24, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Existing home sales took a step back in July, with activity falling by 3.2% m/m to 5.39 million (annualized) after reaching a post-recession high of 5.57 million in June. This marked a first decline since February. The headline print was weaker than market expectations, which called for sales to pullback[​IMG]

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