# US home sales hit 16-year low in October as mortgage rates near three-year high

https://mins.news/en/item/141117

- The Guardian, 2026-11-12 17:26 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/nov/12/home-sales-october-low

> 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.

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- [US Existing-Home Sales Fall to Lowest Level Since 2010](https://mins.news/en/item/141650) — Bloomberg News, 2026-11-13
- [US existing-home sales fall to lowest level since August 2010](https://mins.news/en/item/141201) — Al Jazeera, 2026-11-12