US existing home sales fall to lowest level in more than 13 years

US existing home sales fall to lowest level in more than 13 years

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US existing home sales dropped to the lowest level in more than 13 years in October as the highest mortgage rates in two decades and a dearth of houses drove buyers from the market. Existing home sales tumbled 4.1% last month to a seasonally adjusted annual rate of 3.79m units, the lowest level…

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