US second-hand housing sales contract index rises for the first time in 3 months - surpasses even the highest expectations

Updated 2024/7/31 23:48 JST (some excerpts)
The US second-hand housing sales contract index for June rose 4.8% from the previous month to 74.3
“The situation is becoming favorable for buyers” - NAR's Yoon
In the US, the second-hand housing contract index rose for the first time in 3 months in June. Despite prices and interest rates remaining high, it became clear that demand for moving and new homes was increasing.
The US second-hand housing sales contract index (seasonally adjusted) for June was 74.3, up 4.8% from the previous month
The median economists' forecast rose 1.5%
It also surpassed even the highest expectations