The National Association of REALTORS reported that existing home sales for July came in at 5.39 million on a seasonally adjusted annual basis. July’s reading exceeded both expectations of 5.21 million existing homes sold and June’s reading of 5.06 million homes sold.
Existing Home Sales: Second Highest Level Since 2009
According to the National Association of REALTORS®, national sales of existing homes in June came in at 5.08 million.