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Real Estate

U.S. existing home sales hit 16-year low as rates climb

Katherine Langford
Editor-in-Chief · Thursday, November 12, 2026 at 9:19 PM · 1 min read
U.S. existing home sales hit 16-year low as rates climb

U.S. existing home sales fell 5.5% in October to a 16-year low as mortgage rates and elevated prices weighed on buyers and housing affordability.

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