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EconomyUS existing-home sales fall 1.7% in July as record prices and high mortgage rates deter buyers

Sales of previously occupied U.S. homes slowed again in July, with record prices and mortgage rates at their highest level in more than a year proving too difficult for many prospective buyers to overcome.

U.S. housinghome salesmortgage rates

TThe Associated Press★★★☆☆2026-08-11 15:45Original

US existing-home sales fall 1.7% in July as record prices and high mortgage rates deter buyers
US existing-home sales fall 1.7% in July as record prices and high mortgage rates deter buyersEconomy