Home Sales Fell to a New 13-Year Low in October
PHOTO: JAMIE KELTER DAVIS FOR THE WALL STREET JOURNALHome sales fell in October to a fresh 13-year low as high interest rates and home prices continued to pummel the housing market.Home-buying affordability sits near its lowest level in decades, pushing many buyers out of the market. Existing-home s
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NAR: Existing-Home Sales Receded 4.1% in Oct.
Total sales fell 14.6% year-over-year. Single-family home sales were down 4.2% month-to-month and down 14.6% year-over-year. Single-family median price was $396,100.
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