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U.S. Home Sales Sink To Lowest Level Since 2010, Report Says

Forbes ·

Home sales fell nearly 6% from September to October, with month over month sales decreasing in the Midwest, South and West.

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First reported by Bloomberg at · 5 outlets in all

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  1. ForbesU.S. Home Sales Sink To Lowest Level Since 2010, Report SaysHome sales fell nearly 6% from September to October, with month over month sales decreasing in the Midwest, South and West.
  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
  4. MarketWatchHome sales plummet to lowest level since ‘Great Recession’ as prices hit all-time highHome sales fell in October to a 16-year low as buyers bolted from the housing market in the face of 7% mortgage rates.
  5. Bloomberg(subscription required)Sales of Existing US Homes Tumble to Lowest Level Since 2010US previously owned home sales fell last month to a 16-year low as a cascade of negative news on mortgage rates and inflation deterred would-be buyers.