US August existing home sales 5.31m vs 5.50m expected

Existing home sales data from the National Association of Realtors

  • Prior was 5.59m (revised to 5.58m)
  • Sales down 4.8% m/m

Sales had beaten estimates for three straight months and were at an 8-year high so the miss this month isn't going to rattle (m)any nerves.

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