US Existing-Home Sales Mixed Late-Q2
Existing-home sales ran at a 4.09M seasonally adjusted annual rate in Late-Q2, ↓2.4% MoM but ↑2.8% yearly for the US market overall. Inventory held at 1.56M homes, ↓0.6% MoM yet ↑1.3% yearly, while unsold supply reached 4.6 mo, versus 4.5 mo in Late-Q2 nationally. Median price hit a record $440.6K, ↑1.8% yearly, extending 36 straight
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