US September existing home sales rise 1.5% to 3.99M, beating estimates; prices hit record

US existing home sales rose 1.5% in September to an annualized 3.99 million units, beating the 3.95 million estimate. The median price rose 1.3% year-over-year to $417,500, a September record, with inventory at 1.60 million units (4.8 months' supply). August was revised to 3.93M from 3.98M.

Detected & updated continuously · Source: Nebula