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.

    • Salamendacious@lemmy.worldOP
      61·
      1 year ago

      Housing is different place to place. Where I am it’s considerably less and prices have come down a little. Houses are on the market longer near me too.