Tag Archives: Home Sales Suffer Largest Annual Drop in Four Years

Distressed Listings | Lee Honish

Home Sales Suffer Largest Annual Drop in Four Years

WASHINGTON—Sales of previously owned U.S. homes posted their largest annual decline since 2014 in October, as the housing market continues to sputter due to higher mortgage rates that are reducing home affordability. The latest data offered a mixed picture of a market that isn’t in free fall but also is far from robust. Existing-home sales […]

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