BusinessPhoto: HT WorldUS Housing Sales Rise 1.5% Despite Record Prices
US existing home sales increased by 1.5% in September to an annual rate of 3.99 million units, despite high mortgage rates and record home prices hitting $417,500. The National Association of Realtors reported the rise, which followed a downward revision of August sales. However, sales remain below 4 million units for the second month, reflecting ongoing struggles in the US housing market since mid-2024.
HT World·

