Existing home sales in July inch up
CNBC Televisionยท2025-08-21 15:30
getting some housing data crossing for that. We're going to turn to Diana Olle. Morning, Diana.>> While existing home sales in July rose 2% to a seasonally adjusted annualized rate of 4.01% million units, the street was actually looking for a slight decline. So that's a beat monthtomonth. Sales up 0.8% from July of last year.Now this count is based on closing. So it's most contracts signed in May and June when mortgage rates were on the decline. There were 1.55% million homes for sale at the end of July.Tha ...