THE BASIS POINT

Existing Home Sales Dip After 3 Months of Gains.

 

Existing Home Sales (August 2015)

 

– Existing Home Sales Seasonally Adjusted, annualized 5,310,000. Previous was 5,580,000
– Existing Home Sales year/year  +6.2%. Previous was +10.3%

This decrease in month/month comes after 3 increases.  Housing is gaining health but we still have low Housing Starts.

 

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