US existing home sales slump to more than 13-year low, prices accelerate

US existing home sales slump to more than 13-year low, prices accelerate

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U.S. 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. The report from the National Association of Realtors on Tuesday also showed that the median house price last month…

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