Macro Finance
Sales of Existing US Homes Tumble to Lowest Level Since 2010
Bloomberg Markets·November 12, 2026·1 min read
US existing home sales fell to a 16-year low last month, as high mortgage rates and inflation deterred buyers. The decline reflects a challenging housing market, with affordability issues persisting. Negative news on rates and inflation has further dampened buyer sentiment. This trend could impact the broader economy, affecting construction, real estate, and related industries.
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