US Existing Home Sales Decline Amid Rising Mortgage Rates and Record Prices
12.08.2026, 10:00
In July, US existing home sales fell by 1.7%, marking a three-month low, as elevated mortgage rates and record home prices continue to deter potential buyers. The National Association of Realtors (NAR) reported a decrease in sales to 4.06 million, slightly below expectations. Despite this decline,...