US existing home sales fell by 2.5% in the month of August, nearly double the 1.3% decline economists originally forecasted.

Catalysts hosts Madison Mills and Seana Smith examine the housing data out from the National Association of Realtors (NAR), noting the 0.7% month-over-month climb in housing inventory and the anticipated impact of the Federal Reserve's interest rate-cutting cycle.

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This post was written by Luke Carberry Mogan.