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IPFS News Link • Housing

Existing Home Sales Disappoint In June As Prices Hit Record Highs

• by Tyler Durden

They were right but the print disappointed, rising just 1.4% MoM, and notably weaker than that given the downward revision in May to -1.2% MoM from -0.9% MoM

Source: Bloomberg

The relative shift leaves existing home sales unchanged from April.