- Prior was -8.6% (revised to -8.9%)
- Index 89.9 vs 91.0 prior
- Down 19.9% y/y
- Prices -0.77% m/m
These are contract signings to buy homes. The National Association of Realtors forecasts home sales volumes down 13% this year.
In July, US mortgage rates slid and that helped to stabilize demand.
