Existing Home Sales rise 1.7%


August Existing Home Sales: 5.48M vs. consensus 5.255M, 5.39M previous (revised).

Comments (2)
  • American in Paris
    , contributor
    Comments (5495) | Send Message
     
    I expect sales to slow in following months, but my guess is that we see less slowing than expected. Yes, interest rates matter, but they are not the only factor.
    19 Sep 2013, 11:29 AM Reply Like
  • OptionManiac
    , contributor
    Comments (3498) | Send Message
     
    Interest rates are still at historical lows, as is the % monthly mortgage to monthly income.
    19 Sep 2013, 01:33 PM Reply Like
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