News@lemmy.worldEnglish · 2 years ago

US existing home sales fall to lowest level in more than 13 years

www.theguardian.com

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US existing home sales fall to lowest level in more than 13 years

www.theguardian.com

YoBuckStopsHere@lemmy.world to

News@lemmy.worldEnglish · 2 years ago

Sales slump 4.1% in October amid highest mortgage rates in two decades and a dearth of houses

The median existing house price increased 3.4% from a year earlier to $391,800, the highest for any October.

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nicetriangle@kbin.social
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2 years ago
I bought a place in 2019 that I could in no way afford at the current rates. The mortgage would be roughly $1000 more per month. Just not possible.

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