US June existing home sales 4.16M vs 4.20M expected

<ul><li><a href="https://www.forexlive.com/news/us-may-existing-home-sales-430m-vs-425m-expected-20230622/" target="_blank" rel="follow">Prior </a>was 4.30M</li><li>Inventory of homes for sale 1.08M vs 1.08M prior</li><li>Supply at months 3.1 months vs 3.0 months prior (balanced is considered 6 months)</li><li>Median sale price $410.2K vs $396.1K prior</li><li>Median sale prices -0.9% vs -3.1% y/y prior</li></ul><p>Inventories are tight and homes aren't hitting the market. That's pushing prices higher.</p>

This article was written by Adam Button at www.forexlive.com.