Existing Home Sales decreased to a 5.66 million annual pace, down 2.2%, against than the expected increase to 6.12 million, for May from the revised 5.79 million pace in April. Sales are up by 19.2% from the 4.75 million-unit level in May 2009. The national median existing-home price for all housing types was $179,600, which is 2.7% above May 2009.
Upcoming Releases
New Home Sales (06/23 at 10:00 AM EST)
Crude Inventories (06/23 at 10:30 AM EST)
FOMC Policy Statement (06/23 at 2:15 PM EST)
Initial Claims(06/24 at 8:30 AM EST)
Crude Inventories (06/23 at 10:30 AM EST)
FOMC Policy Statement (06/23 at 2:15 PM EST)
Initial Claims(06/24 at 8:30 AM EST)