- New orders for manufactured durable goods increased 4.2% in June, while shipments held steady.
- June existing home sales were down 1.2% from the previous month, but were up 15.3% from June 2012. The median sales price of existing houses sold was $214.2 thousand, 13.5% above June 2012.
- June new home sales were up 8.3% from the previous month, and were up 38.1% from June 2012 figure. The median sales price of new houses sold was $249.7 thousand, 7.4% above June 2012.
- U.S. House prices rose 0.7% on a seasonally adjusted basis from April to May, according to the Federal Housing Finance Agency’s (FHFA) monthly House Price Index. For the 12 months ending in May, U.S. prices rose 7.3%.
- The results of Freddie Mac’s Primary Mortgage Market Survey of July 25th showed average fixed mortgage rates easing for the second consecutive week.
- Mortgage applications decreased 1.2% from a week earlier, according to data from Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending July 19th.
- The advance figure for initial claims for unemployment insurance increased 7 thousand to 343 thousand in the week ending July 20th.
- The Thomson Reuters/University of Michigan Index of Consumer Sentiment climbed to its highest level in six years.
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