- Prior was 763K (revised to 715K)
- Single family sales -2.5% vs +12.2% prior
- Median sale price $415.4K vs $416.3K a year ago
- Supply months 7.4 vs 6.7 months prior
Earlier today, the US reported June building permits at 1.441m vs 1.440m prior.
This is a disappointing number coupled with a large revision lower. Home builders have been optimistic in reports so far this year but perhaps the latest data was over-cooked.