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✉news BusinessReal Estate first seen 13 h ago, last 5 h ago, peak #2

US home sales rose in September despite higher rates and prices

Original: US home sales rose in September, but slowed from a year earlier as mortgage rates, prices rose

US existing-home sales increased in September from the previous month, according to reports circulating across multiple US news outlets, though sales remained slower than a year earlier. Rising mortgage rates and elevated home prices continue to weigh on affordability, keeping the housing market subdued on a year-over-year basis despite the monthly uptick.

Why now: Fresh monthly housing data is being reported as buyers and watchers assess whether the market is recovering amid high mortgage rates and prices.

United StatesNational Association of Realtors

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