U.S. Home Sales Fall Below 4 Million Pace as Rates and Prices Rise
Existing-home sales fell to their slowest pace in more than a year in August as higher prices and mortgage rates outweighed a modest gain in inventory.
Home Sales
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July Home Sales Fell as Rates and Prices Kept Buyers Back
Existing-home sales fell 1.7% in July as mortgage rates near 6.7%, rising prices and limited inventory continued to pressure buyers nationwide.