The report talks about the number of houses that were sold in the month of August. The number of houses sold was less than in previous months. It also talks about the price of houses, which went up. The houses for sale increased in number, which is good for people looking to buy a house.

### JOE:
This report is about the sales of homes in the United States during August. It tells us that fewer homes were sold compared to the previous months. However, the prices of the homes continued to go up. The number of homes available for sale also increased, which is great for people who want to buy a home. Read from source...

1. The title of the article, "Existing-home sales retreated 2.5% in August to a seasonally adjusted annual rate of 3.86 million," is straightforward and provides the main statistic of the report. However, the article goes on to discuss other statistics and trends in the housing market, making it more difficult for readers to understand the main message.
2. The article cites Lawrence Yun, Chief Economist at the National Association of Realtors®, as a source of information throughout the report. While Yun is undoubtedly an expert in the field, the article does not explore alternative viewpoints or opinions from other experts, which could provide a more balanced and informative report.
3. The article's language and tone are straightforward and professional, but at times it veers into more emotional and exaggerated language, such as when it describes the current environment for home sales as a "powerful combination that will provide the environment for sales to move higher in future months." Such language may overstate the case or risk being proved wrong in future updates.
4. The article presents various statistics and figures throughout the report, but it does not clearly define or explain key terms or concepts, such as "seasonally adjusted annual rate" or "distressed sales." This may leave readers confused or uncertain about the meaning or significance of these terms.
5. The article provides a brief overview of regional differences in the housing market, such as the median prices and sales figures in the Northeast, Midwest, South, and West. However, it does not explore these differences in more detail or provide specific examples of local markets or trends, which could add depth and interest to the report.

bullish

Existing-home sales dipped 2.5% in August, but the recent development of lower mortgage rates coupled with increasing inventory is a powerful combination that will provide the environment for sales to move higher in future months," said NAR Chief Economist Lawrence Yun.