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25.10 - 17:01
U.S. Home Sales Dropped for Eighth Straight Month in September
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U.S. existing home sales fell for an eighth straight month in September as rising mortgage rates made home purchases less affordable.
Sales of previously owned homes declined 1.5% in September from the prior month to a seasonally adjusted annual rate of 4.71 million, the weakest rate since May 2020, the National Association of Realtors said Thursday. September sales fell 23.8% from a year earlier.
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