• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

US Home Sales Increased for the Second Consecutive Month in July

August 23, 2021 by Forex Winner Leave a Comment

US Home Sales Increased for the Second Consecutive Month in July

Source: National Association of Realtors

Sales of existing homes in July increased by 2% from June to an annualized rate of 5.99 million units. DXY down -0.41%, EUR USD up +0.34%

  • The sales data are based on closings so it reflects contracts signed in May and June. Sales were 1.5% higher than July last year.
  • Sales are likely improving because of rising supply. The inventory of homes at the end of July was 1.32 million, 12% below a year ago.
  •  At the current sales rate, that represents a 2.6-month supply.
  • The median price of existing homes sold in July was $359,900. That is a 17.8% increase compared with July 2020. Annual price gains were larger last month.
  • The latest data on sales of newly built homes from June showed a sharp decrease both monthly and annually. That data set is based on signed contracts.
  • Mortgage rates did not change much throughout May and June when most of these deals were made, but they reduced more sharply in July.
  • Continued economic recovery is important to maintaining sales momentum and rising Covid cases could hurt sales off course.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

Interactive Brokers

Interactive Brokers Review

November 12, 2019 By Forex Winner

roboforex

RoboForex Review

February 6, 2020 By Forex Winner

ufx

UFX Review

November 18, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure