Existing home sales fell 1.8% to a lower-than-expected annual rate of 5.05 million units in August. New home sales jumped 18.0% to a higher-than-expected pace of 504,000 units annualized in August. Durable goods orders dropped 18.2% in August. In a final estimate, 2nd quarter GDP showed an upward revision to 4.6%. Initial jobless claims rose 12,000 to 293,000 for the week ended 9/20.

• Existing home sales fell 1.8% to a lower-than-expected annual rate of 5.05 million units in August. Year-over-year, sales are down 5.3%. Prices are down 0.8% to a $219,800 median home price; up 4.8% from a year ago.

• New home sales jumped 18.0% to a higher-than-expected pace of 504,000 units annualized in August. Prices fell 1.6% to a median of $275,600; up 8.0% from a year ago.

• Durable goods orders dropped 18.2% in August. Orders are up 8.9% from a year ago. Excluding transportation, orders are up 0.7%, and up 7.3% from a year ago.

• In a final estimate, 2nd quarter GDP showed an upward revision to 4.6%. Upward revisions came from nonresidential fixed investment, residential investment, and exports. The revisions matched expectations.

• Initial jobless claims rose 12,000 to 293,000 for the week ended September 20th.