The New Paper

September 23, 2020

August existing home sales reach highest point since 2006

Existing US home sales increased by 2.4% in August, reaching an annualized rate of 6M (the highest level since 2006) and remaining above pre-coronavirus levels for the second consecutive month. Existing home sales account for over 90% of total US home sales. 

Extra: Here’s the full report from the National Association of Realtors.

This story is from the September 23, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.