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US home sales fall for the 3rd straight month in May amid rising mortgage rates, record-high prices

Posted on AllSides June 21st, 2024
From The Right

Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high prices discouraged many prospective homebuyers during what’s traditionally the housing market’s busiest period of the year US home sales fall for the 3rd straight month in May amid rising mortgage rates, record-high pricesBy ALEX VEIGAAP Business WriterThe Associated PressLOS ANGELES LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high prices discouraged many prospective homebuyers during...

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https://breitbart.com/news/us-home-sales-fall-for-the-3rd-straight-month-in-may-amid-rising-mortgage-rates-record-high-prices

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