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Existing Home Sales Hover Near Record Lows As Affordability Gap Widens

Existing Home Sales Hover Near Record Lows As Affordability Gap Widens With mortgage rates soaring, expectations were for a fourth straight month of declines in existing home sales. Instead sales rose 1.5% MoM (-0.8% exp) thanks in part to a downward revision for August (from -2.0% to -3.2% MoM)... At least some of last month’s modest improvement predated the more than half-point climb in mortgage rates since early September to 7.49%. September’s gain also belies the formidable challenges facing the nation’s housing market. The total existing home sales SAAR remains below the...
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Jul 17, 2026 / Tyler Durden
Why Washington Is Challenging The International Criminal Court
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Sep 9, 2026 / Tyler Durden
Futures Slide As Brent Tops $100, 10Y Yields Rise Above 4.81% Ahead Of Expanded Treasury Buyback
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Jul 22, 2026 / Tyler Durden
Shipping Firms Offering Sailors Massive Bonuses To Risk Crossing Hormuz
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