Market to Market

Economic Outlook: July 24, 2020

Jul 24, 2020  | Ep4549

Initial jobless claims have rebounded since last Friday in the first week-over-week increase since March.

The housing market performed well in June.

Sales of existing homes jumped 20.7 percent last month. The National Association of Realtors cites low mortgage rates and pent-up demand as factors.   

New home sales were up sharply by 13.8 percent on many of the same reasons. 

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