Existing home sales for August from the National Association of Realtors
- It's a 12-month low
- Prior was 5.44m
- Estimates ranged from 5.35m to 5.58m
- Down 1.7% m/m compared to +0.2% exp
- Prior was -1.3% m/m
- Median price up 5.6% y/y
The National Association of Realtors said sales in the Houston area were down 25% year-over-year because of hurricane Harvey. Without the drop there, they would have been flat on the year.
