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US Existing Home Sales Unexpectedly Dropped In June, Just Off Record Lows

US Existing Home Sales Unexpectedly Dropped In June, Just Off Record Lows After an ugly Spring selling season, existing home sales have rebounded in Q2 (so far) with expectations for another 1.0% MoM increase in June. However, that was not to be with US existing home sales tumbling 2.4% MoM in June (although May was revised up to a +3.7% MoM gain from +3.2%). That slowed the annual improvement in sales to +2.75% YoY... Overall, existing home sales SAAR remains just off record lows... “The back-and-forth in monthly home sales activity, driven by...
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Jul 9, 2026 / Tyler Durden
Starbucks Using AI To Build Software Replacing Applications It Buys From Microsoft, IBM
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Apr 20, 2026 / Dave DeCamp
Trump Defends Iran War in Series of Posts on Truth Social
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Mar 26, 2026 / Tyler Durden
"Don't Be Evil": Google's Motto Becomes A Jury Verdict In California
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