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National Association of Realtors

US existing home sales hit a 16-year low in October amid surging mortgage rates

US existing home sales hit a 16-year low in October amid surging mortgage rates

US existing home sales plunged to a 16-year low in October as surging mortgage rates and higher borrowing costs sidelined aspiring homebuyers.

Business ·12 Nov 2026, 23:39 ·Maeve Turner 5 min read