World Markets Live - June 21 - CNBC Live Events

CNBC Live Events

World Markets Live - June 21

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    U.S. existing home sales for May came to 5.62 million, better than the 5.55 million expected and up from April's 5.56 million units.
    Home sales are up 1.1 percent, compared to April's fall of 2.5 percent.
    The national median home price hits a record high $252,800, up 5.8 percent from May 2016. This is the result of limited supply.
    Also, 5 percent of existing home sales were distressed, versus 5 percent in April and 6 percent in May 2016.
    First time buyers are around 30 percent of the market, lower than where they should be. Buyers are being kept to the side due to high house prices.
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