Market Update – Still Going To Plan (Expectation)

12:31 p.m. ET Existing home sales fell  for the 4th consecutive month, down -5.4% month-over-month in June to a seasonally adjusted annual rate of 3.89 million (consensus 4.00 million) from 4.11 million in May, which is near the COVID lockdown lows. Sales were down 5-.4% also on a year-over-year basis. Existing Home Sales have not…

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