Existing Home Sales down Slightly

Chicago Federal Reserve National Activity Index  (May 2013)

– Index -0.13.  Previous was revised to -0.29.

A zero reading represents the historical trend.

Existing Home Sales (June 2013)

– Existing Home Sales (Seasonally Adjusted, Annualized)  5,080,000.  Previous was 5,180,000.

– Existing Home Sales Year/Year +15.2%

The “higher rates will not affect sales” story may look a bit weak today but Existing Home Sales have not taken a beating – just flattened.

Highlights of the rest of this week are New Home Sales (Wednesday) and Durable Goods Orders (Thursday).