U.S. existing home sales drop 2.7% to 9-month low as 7% mortgage rates and soaring prices deter buyers
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最新报道：Existing home sales in the U.S. fell 2.7% in September, marking the ninth consecutive month of declines as soaring mortgage rates and record-high prices continue to deter buyers. The National Association of Realtors reported the median home price rose 8.4% year-over-year to $384,800, while 30-year fixed mortgage rates hit 6.92% - the highest since 2002. NAR Chief Economist Lawrence Yun warned the housing market is "undergoing a correction" due to affordability challenges, with first-time buyers accounting for just 29% of purchases. The sales slowdown reflects broader economic pressures including inflation and Fed rate hikes impacting the real estate sector.
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