Existing Home Sales Highest Since Feb 2007 As Prices Hit Record High
June 22, 2016 at 11:58 AM EDT
On the heels of FHFA reporting a disappointing 0.2% home price appreciation in April (the weakest since Jan 2015), May existing home sales rose, as expected by 1.8% MoM to 5.53mm SAAR - the highest since February 2007.
