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Existing Home Sales

1 story First covered: Jul 17, 2026 Latest: 1 hour ago
Jul 17, 2026 · 15:18 LATEST
Business

Rising Mortgage Rates and Home Prices Wreak Havoc on US Housing Market

The US housing market is facing a perfect storm of high mortgage rates, record-breaking home prices, and consumer stress, leading to a decline in existing home sales and a slump in builder sentiment.