- Prior month +0.739M revised to 0.751M
- Home sales % change MoM -4.7% versus +10.3% last month
- Home supply 7.8 months versus 7.3 months prior
- Median sale price -4.6% to $420,600
- The 30 year mortgage rate has come down to 6.13%.
Earlier today, mortgage applications increased by 11.0% after a 14.2% increase last week.
This article was written by Greg Michalowski at www.forexlive.com.
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