- July existing home sales increased 6.5% to an annualized rate of 5,390 thousand units. The July figure was 17.2% above the July 2012 figure. The median sales price of existing houses sold was $213.5 thousand, 13.7% above July 2012.
- July new home sales decreased 13.4% to an annualized rate of 394 thousand units. The July figure was 6.8% above the July 2012 figure. The median sales price of new houses sold was $257.2 thousand, 8.3% above July 2012.
- U.S. House prices rose 0.7% on a seasonally adjusted basis from May to June, following a 0.8% increase in the previous period, according to the Federal Housing Finance Agency’s (FHFA) monthly House Price Index. For the 12 months ending in June, U.S. house prices rose 7.7%.
- The results of Freddie Mac’s Primary Mortgage Market Survey of August 22nd showed average fixed mortgage rates reaching new highs for the year.
- Mortgage applications decreased 4.6% from a week earlier, according to data from Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending August 16th.
- The advance figure for initial claims for unemployment insurance increased 13 thousand to 336 thousand in the week ending August 17th.
- Regional and state unemployment rates were little changed in July.
- The Conference Board index of leading economic indicators increased 0.6% in July, after recording no gain in the previous month. The coincident index increased 0.2% in July, following a 0.1% increase as in the previous month.
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