The National Association of Realtors released a report on Thursday showing an unexpected rebound by existing home sales in the U.S. in the month of July.
The report said existing home sales jumped by 2.0 percent to an annual rate of 4.01 million in July after tumbling by 2.7 percent to an annual rate of 3.93 million in June. Economists had expected existing home sales to decrease by 0.8 percent to an annual rate of 3.90 million.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.