EconomyUS home sales hit 16-year low in October as mortgage rates near three-year high
US existing-home sales fell 8.8% year over year to 3.75 million in October, their lowest level in 16 years. Near-three-year-high mortgage rates and rising inflation deterred buyers, while the median sale price edged up to $416,700.
TThe Guardian★★★☆☆2026-11-12 17:26Original
US home sales hit 16-year low in October as mortgage rates near three-year high
Economy