US Home Sales Sink To Slowest May Since 2009 As Mortgage Rates And Record Prices Keep Buyers On The Sidelines

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US Home Sales Sink To Slowest May Since 2009 As Mortgage Rates And Record Prices Keep Buyers On The Sidelines

benzinga.com/news/macro-notification/25/06/46070420/us-home-sales-sink-to-slowest-may-since-2009-as-mortgage-rates-and-record-prices-keep-buy

The U.S. housing market logged its slowest May for existing-home sales since 2009, confirming that elevated mortgage rates and record prices continue to chill demand even as listings rise.
What Happened: Sales slipped 0.7% from a year earlier to an annual rate of 4.03 million, the…

This story appeared on benzinga.com, 2025-06-24 11:05:16.