Aug. Existing Home Sales: 5.03M, vs. Cons. 4.75M, Up 7.7% MoM
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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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