- Sales of existing homes fell 2.0 percent in August, to a 5.88 million seasonally adjusted annual rate. Sales are down 1.5 percent from a year ago.
- Sales in the market for existing single-family homes, which account for about 88 percent of total existing-home sales, fell 1.9 percent in August, coming in at a 5.19 million seasonally adjusted annual rate.
- From a year ago, sales are down 2.8 percent. Condo and co-op sales fell 2.8 percent for the month, leaving sales at a 690,000 annual rate for the month versus 710,000 in July.
For further details see:
Existing Home Sales And Inventory Fell In August