US: Existing Home Sales decline by 5.4% in June to 5.12 million

• Existing Home Sales in the US fell sharply in June. 
• US Dollar Index continues to fluctuate below 107.00.

Existing Home Sales in the US declined for the fifth straight month in June to a seasonally adjusted annual rate of 5.12 million, the National Association of Realtors reported on Wednesday. Sales were down 5.4% and 14.2% on a monthly and yearly basis, respectively. 

Further details of the report revealed that the median price for Existing Home Sales rose by 13.4% from one year ago to $416,000, marking a new all-time high.

Market reaction

These figures don't seem to be having a significant impact on the dollar's performance against its rivals. As of writing, the US Dollar Index was posting small daily gains at 106.80.