Finance1 min read

Home sales plummet to lowest level since the Great Recession as buyers flee the market

By · Via MarketWatch Top Stories · Published by Everything Blog

In short

Home sales plummet to lowest level since the Great Recession as buyers flee the market. Home sales fell in October to a 16-year low as buyers bolted from the housing market in the face of 7% mortgage rates.

Key points

  • Home sales plummet to lowest level since the Great Recession as buyers flee the market.: Home sales plummet to lowest level since the Great Recession as buyers flee the market.
  • Home sales fell in October to a 16-year low as buyers bolted from the housing market in t…: Home sales fell in October to a 16-year low as buyers bolted from the housing market in the face of 7% mortgage rates.

Sources checked by our analysis pipeline: 1

Home sales fell in October to a 16-year low as buyers bolted from the housing market in the face of 7% mortgage rates.

Finance