US home sales fell last month because of high mortgage rates, soaring prices and low inventory

US home sales fell last month because of high mortgage rates, soaring prices and low inventory

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Home sales slumped in October and prices continued to climb, as mortgage rates surged last month and inventory remained extraordinarily low. That kept homebuyers out of the market, according to a monthly report from the National Association of Realtors released Tuesday. Home sales remained at…

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