Details from the August 2017 US existing home sales report 20 September 2017
- Prior 5.44m
- Inventory 1.88m, 4.2 months worth
- Median sale price $253,500 vs $258,100 Jul. +5.6% vs Aug 2016
- 4% of sales were distressed vs 5% in july and 5.65 Aug 2016
- Sales would have been flat without decline in Houston
- Sales fell 25% in Houston area due to hurricane Harvey
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