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'Punch in the gut': Homes sales fall to their lowest in 16 years

NPR ·

Existing homes sales in October declined 8.8% from a year earlier, according to the National Association of Realtors.

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First reported by Financial Times at · 3 outlets in all

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  1. NPR'Punch in the gut': Homes sales fall to their lowest in 16 yearsExisting homes sales in October declined 8.8% from a year earlier, according to the National Association of Realtors.
  2. Al JazeeraHome sales in the US are at their lowest level since 2016The sale of previously owned homes dropped 5.5 percent in October, the lowest level since August 2010.
  3. Financial Times(subscription required)US home sales fall to lowest level since 2010 as mortgage rates soarHigher borrowing costs deepen housing market slump as interest rates weigh on transactions