Econoday Economic Report: Existing Home Sales September 20, 2017

Reflecting hurricane weakness in Houston, existing home sales came in at the low estimate in August, at a 5.350 million annualized rate for a 1.7 percent monthly decline. Sales in the South fell 5.7 percent in the month to a 2.150 million rate though sales in the West also fell, down 4.8 percent to 1.200 million. These were offset by a 2.4 percent gain in the Midwest to a 1.280 million rate and a 10.8 percent jump in the least active housing region which is the Northeast to a 720,000 rate.The split betwee

Source: Econoday Economic Report: Existing Home Sales September 20, 2017