July 2018 US existing home sales data 22 August 2018

  • Prior 5.38m
  • Inventories 1.92m or 4.3 months worth vs 1.93m & 4.3 months prior
  • Median sale price $269,600 vs $273,800 prior m/m. 2017 $258,100
  • Distressed sales 3% unch

A drop in prices from June but up 4.5% in this time last year. Not much to take from this report.

Ryan Littlestone

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