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U.S. existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers

Sales of previously occupied U.S. homes slowed again in July as record prices and the highest mortgage rates in a year prove to be an insurmountable hurdle for many prospective homebuyers.

U.S. existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers

We haven't written up this one. PBS NewsHour has the full story — the link below goes straight to it.

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