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Quilla NewsFinance & Technology
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US existing home sales sink to 2010 lows on mortgage rates

FinanceInternationalmerca2.es15 s readAI summary
Image: merca2.es

US existing home sales plunged in October to 3.75 million annualized units, their lowest level since August 2010, according to data reported by merca2.es. The median price rose 0.4% and has now climbed for 40 consecutive months. The outlet links the drop in transactions to the level of mortgage rates, specifically the 30-year fixed-rate mortgage.

Read the full story at merca2.es

IASummary generated by artificial intelligence from a story by merca2.es. It may contain errors: the original source prevails.

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