Home prices increased on an annual basis for the 14th consecutive month. The national median sales price rose 3.1% from a year earlier to $416,700. That's the highest median price for the month of August on records going back to 1999

Retail sales hit their highest level in more than two years in August, official data showed on Friday, beating expectations.

'Retail sales rose in August as warmer weather and end-of-season promotions helped to boost sales, most notably for clothing and food shops'

Sales volumes rose by 1.2% in the three months to August 2024, when compared with the three months to May 2024

Volumes were up 1 per cent last month, clawing back some of the ground lost since Covid and the cost-of-living crisis.

The Pound Sterling (GBP) performs strongly against its major peers on Friday.

Shoppers splashed out on food and clothing, the Office for National Statistics said

(Bloomberg) — UK retail sales picked up pace in August, as consumers’ desire to take advantage of sunny weather and summer discounts offset gathering political and fiscal anxieties. 

Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising.

A drop in mortgage rates and more homes coming on the market in August wasn’t enough to jolt home sales from their sluggish pace—at least not yet.

Existing US homes sales fell to a 10-month low in August despite a fall in mortgage rates during the month, according to data published on Thursday, although mortgage applications pointed towards a pick up this month and October.

Sales of previously owned US homes fell in August, according to industry data released Thursday, but lower mortgage rates and growing supply were likely to boost the industry. Compared with a year ago, NAR data showed that existing home sales were 4.2 percent down in August.

Sales of previously owned US homes fell in August, according to industry data released Thursday, but lower mortgage rates and growing supply were likely to boost the industry. Compared with a year ago, NAR data showed that existing home sales were 4.2 percent down in August.

The median price of an existing home sold in August was $416,700, up 3.1% from August 2023.