Existing Home Sales Soar To Highest Since 2006

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

Existing Home Sales Soar To Highest Since 2006

Source: Bloomberg

This is the highest level of sales since May 2006…

Existing Home Sales Soar To Highest Since 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.

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Existing Home Sales Soar To Highest Since 2006


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