US: Existing Home Sales at highest level in six-and-a-half years in August

FXstreet.com (Barcelona) - The US Existing Home Sales grew by 1.7% in August, following a 6.5% increase in July, the National Association of Realtors reported on Thursday. Market consensus pointed to a 2.6% fall.

Existing Home Sales increased to a 5.48 million rate in August from 5.39 million in July, above forecasts of a rise by 5.25 million.