# Home sales hit 16-year low in October amid record-high mortgage rates > HelixNews · Web page: https://helixnews.one/story/2305587 · All pages for agents: https://helixnews.one/llms.txt 4 outlets covering · First listed: Guardian, Nov 12, 2026, 11:26 AM · Read it: Sales of built units fell to 3.75m in October, down by 8.8% from last year, with mortgage rates at nearly three-year highUS existing home sales hit a 16-year low in October as buyers were driven away by record-high mortgage rates and rising inflation, according to new data released on Wednesday.Sales of already built units dropped to 3.75m in October, down by 8.8% from last year, the National Association of Realtors (NAR) reported. The median existing-home sales price increased slightly to $416,700. Declines in sales were seen in the midwest, south and west, though sales in the north-east… ## Who's covering it In the order they published: - Nov 12, 2026, 7:38 AM: [US labor market resilient; existing home sales hit more than 16-year low in October]() — Yahoo Finance (Business & finance, United States, rated Center) - Nov 12, 2026, 9:02 AM: [US home sales slumped in October to slowest pace in more than 16 years as mortgage rates surged]() — AP (Wire service, United States, rated Center) - Nov 12, 2026, 10:10 AM: [Home sales plunge to 16-year low as mortgage rates stay high: ‘Just a tough market’]() — NY Post (Newspaper, United States, rated Lean right) Sales are at their lowest since the late-2000s housing crash. - Nov 12, 2026, 11:26 AM: [Home sales hit 16-year low in October amid record-high mortgage rates]() — Guardian (Newspaper, United Kingdom, rated Lean left) Sales of built units fell to 3.75m in October, down by 8.8% from last year, with mortgage rates at nearly three-year highUS existing home sales hit a 16-year low in October as buyers were driven away by record-high mortgage rates and rising inflation, according to new data released on Wednesday.Sales of already built units dropped to 3.75m in October, down by 8.8% from last year, the National Association of Realtors (NAR) reported. The median existing-home sales price increased slightly to $416,700. Declines in sales were seen in the midwest, south and west, though sales in the north-east…