US Existing Home Sales Unexpectedly Jumped In May, Inventories Surge
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Source: Zero Hedge
Published: 2026-06-10 00:11 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business
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Snippet:
With the Spring selling season in tatters, existing home sales were expected to rebound in May very modestly (+1.1% MoM) off recent record lows, but instead they outperformed, rising at 3.2% MoM (and April's 0.2% MoM rise was revised higher to a +0.7% MoM rise). That lifted existing home sales up 3.22% YoY - the strongest since September 2025...
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