Existing Home Sales Soar To Highest Since 2006
Tyler Durden
Thu, 10/22/2020 – 10:08
Existing home sales soared 9.4% MoM in September, almost double the +5.0% expectation
Source: Bloomberg
This is the highest level of sales since May 2006…
Source: Bloomberg
Now that’s a ‘V’…
Median home prices soared 14.8% from last year to $311,800 amid a tumble in inventory to just 2.7 months supply.
.
via ZeroHedge News https://ift.tt/2TgNpul Tyler Durden