Sales of previously occupied homes in the United States decreased by 1.7% in July 2026. This decline is attributed to record home prices and the highest mortgage rates seen in a year, which are creating challenges for potential homebuyers.
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U.S. Existing Home Sales Decrease by 1.7% in July
In July 2026, sales of previously occupied homes in the U.S. fell by 1.7%. The decline is linked to high home prices and increased mortgage rates, making it difficult for many buyers to enter the market.
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U.S. existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers
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U.S. Existing Home Sales Decrease by 1.7% in July