US Existing Home Sales See Unexpected Increase in September

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-13
Category: finance
Source: Reuters (via GV Wire)
Original source

US existing home sales unexpectedly rose by 1.5% in September, reaching a seasonally adjusted annual rate of 3.99 million units. Despite this increase, the housing market continues to face headwinds from persistently high mortgage rates and elevated prices, which limit affordability for many potential buyers.

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