Aug. Existing Home Sales: 5.03M, vs. Cons. 4.75M, Up 7.7% MoM
Existing home sales for the month of August come in at 5.03 million, which compares to the Street estimate of 4.75 million. The reading for July was 4.67 million.
On a month-over-month basis, existing home sales rose 7.7%, which compares to the economist estimate of up 1.7%.
On a month-over-month basis, existing home sales rose 7.7%, which compares to the economist estimate of up 1.7%.
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