Week 39 of the 2020 U.S. Economic Calendar highlights Existing Home Sales for August, mortgage purchase applications index, and the New Home Sales for August. Here are your key economic updates for the week ahead, September 21 - September 25:\u00a0 Monday, September 21 \tThe Chicago Fed National Activity Index for August will be released. \tQ2 Flow of Funds Accounts of the United States\u00a0from the Federal Reserve. Tuesday, September 22 \tExisting Home Sales for August from the National Association of Realtors. The consensus shows 6.00 million SAAR, a small climb from 5.86 million in July. \tHousing economist\u00a0Tom Lawler expects the NAR to report 5.92 million SAAR. Wednesday, September 23 \tThe Mortgage Bankers Association will\u00a0 be releasing\u00a0 the results for the mortgage purchase applications index. Thursday, September 24 \tThe\u00a0initial weekly unemployment claims report will be released. Initial claims were 860 thousand the prior wee. \tTestimony, Fed Chair Jerome Powell, Coronavirus Aid, Relief, and Economic Security Act, Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate \tNew Home Sales\u00a0for August from the Census Bureau.