International Economic

US existing home sales fall despite declining mortgage rates

By Frank Prenesti

Date: Thursday 19 Sep 2024

(Sharecast News) - Existing US homes sales fell to a 10-month low in August despite a fall in mortgage rates during the month, according to data published on Thursday, although mortgage applications pointed towards a pick up this month and October.
Sales decreased 2.5% month on month to a 3.86 million...

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