Existing home sales fall for 6th month as supply crunch worsens

Existing home sales fall for 6th month as supply crunch worsens

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U.S. existing continued to slide in September as a combination of steep mortgage rates and a worsening supply shortage squeezed would-be homebuyers. Sales of previously owned homes fell 2% in September from the previous month to an annual rate of 3.96 million units, according to new data released…

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