Sales of previously occupied U.S. homes fell for the fourth month in a row in September, held back by surging mortgage rates and a thin supply of properties on the market.

Sales of previously occupied U.S. homes in September fell for the fourth month in a row, grinding to their slowest pace in more than a decade as prospective homebuyers grapple with surging mortgage rates and a near historic-low level of properties on the market.

  • @SalamendaciousOP
    2•1 year ago

    Where I am prices went up along with the interest rate and people kept buying. Buyers were bidding on houses before they even looked at them. Houses would be pending the same day they went up for sale. It was crazy.