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Existing home sales fall in August, and prices soften significantly

Por: CNBC Business September 22, 2022

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watch nowVIDEO2:2502:25Mortgage rates pose challenge for potential home buyersSales of previously owned homes fell 0.4% in August from July to a seasonally adjusted annualized rate of 4.80 million units, according to the National Association of Realtors. That is the slowest sales pace since May 2020, when activity stalled very briefly due to the start of .Outside of that, it is the slowest pace since November 2015. Sales were 19.9% lower than in... + full article



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