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US Existing Home Sales for June

 

Abnormal divergences in the change of existing home sales in June highlight the strains/burdens that remain intact in the housing market from the high cost of borrowing. 

 

Existing home sales were essentially unchanged, higher by a mere 0.3% (NSA) in the sixth month of the year, diverging 8.4% increase that is average for this first month of the meteorological summer season. 

Read more insight in our regular report on US Existing Home Sales

 

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