September 25, 2024 at 03:00PM
Prior month +0.739M revised to 0.751M
Home sales % change MoM -4.7% versus +10.3% last month
Home supply 7.8 months versus 7.3 months prior
Median sale price -4.6% to $420,600
The 30 year mortgage rate has come down to 6.13%.
Earlier today, mortgage applications increased by 11.0% after a 14.2% increase last week.
This article was written by Greg Michalowski at www.forexlive.com.