US Home Sales Fall for Eighth Straight Month


us economy crash worthy christian news(Worthy News) – U.S. existing home sales dropped for an eighth straight month in September as surging mortgage rates and still-elevated selling prices push affordability beyond the reach of many prospective buyers.

Existing home sales fell 1.5% to a seasonally adjusted annual rate of 4.71 million units last month, the National Association of Realtors said on Thursday. Outside of the short-lived plunge during the spring of 2020, when the economy was reeling from the first wave of COVID-19, this was the lowest sales level since September 2012.

Economists polled by Reuters had forecast sales would decrease to a rate of 4.70 million units. On a regional basis, sales fell in the Northeast, Midwest, and South and were unchanged in the West. [ Source: Washington Free Beacon (Read More…) ]

17
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

Christians Hope Hamas-Free Gaza Could Open Door for Gospel as $1 Billion Recovery Plan Takes Shape
Ukraine Downs Five Russian Ballistic Missiles as Kyiv Pushes European Defense Shield
Cuba Plunged Into Darkness Again as Church Endures Communist Pressure
High Court Freezes Law Shielding Haredi Draft Evaders From Arrest
Supreme Court Justices Warn Threats Are Closing In, Seek Major Security Increase
Senate Democrats Block $1.15 Trillion Defense Bill Amid Iran War Dispute
GOP Leaders Launch ‘Reconciliation 3.0’ After Secret Camp David Strategy Meeting
Hope Fades For Missing After Alcatraz Boat Disaster (Worthy News In-Depth) (VIDEO)
IDF Kills Hamas Terrorist Linked to Abduction of Israeli Commander’s Body
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News