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The Guardian World News · Sep 10, 2026 6:27 PM EDT Housing

US home sales slowest in more than a year as mortgage rates and prices climb

Housing market has been stymied by borrowing costs, as Iran war pushed mortgage rates higherSales of previously occupied US homes declined in August to their slowest annual pace in more than a year as home shoppers grappled with rising mortgage rates and home prices.Existing home sales fell 2% last month from July to a seasonally adjusted annual rate of 3.98m units, the National Association of Realtors said on Thurs…

US home sales slowest in more than a year as mortgage rates and prices climb
Image The Guardian World News

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