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

Tags: home sales housing market

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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.


FMI’s review of this morning’s June Existing Home Sales report 

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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