BREAKING: EURUSD muted after lower exising home sales in the US 🔔

15:01 19 September 2024

03:00 PM BST, United States - Existing Home Sales for August:

  • actual -2.5% MoM; previous 1.5% MoM;
  • actual 3.86M; forecast 3.92M; previous 3.96M;

03:00 PM BST, United States - US Leading Index for August:

  • forecast -0.3% MoM; previous -0.6% MoM;

In July, existing-home sales rose by 1.3% to a seasonally adjusted annual rate of 3.95 million, halting a four-month decline, though sales were down 2.5% year-over-year. The median home price increased by 4.2% to $422,600, marking the 13th consecutive month of price gains. Inventory rose slightly by 0.8% from June to 1.33 million units, representing a 4.0-month supply. Sales improved in the Northeast, South, and West, while remaining flat in the Midwest. Single-family home sales increased slightly, while condo/co-op sales remained unchanged but down from last year.

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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