BUSINESSNY POST
US existing home sales unexpectedly fall in June as house prices hit record high
US existing home sales declined in June as house prices reached a record high. Higher mortgage rates are deterring potential sellers from listing their homes.
Related Signal
Adjacent reporting
- U.S. existing home sales slipped in June even as prices hit a record high
- US home prices hit an all-time high as sales slow and mortgage rates rise
- June home sales disappoint as prices reach an all-time high
- US home prices hit an all-time high as sales slow and mortgage rates rise
- April home sales disappoint as higher mortgage rates weigh on buyers