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US home sales hit 10-year low as mortgage rates rise, CoreLogic says
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US home sales hit 10-year low as mortgage rates rise, CoreLogic says
  • An October 29, 2026, property market report showed September U.S. home sales fell 5.4% year over year.
  • Combined August and September sales volumes hit a 10-year low, with sales declining in 40 of the 50 largest metropolitan markets.
  • October 30-year mortgage rates averaged 7.35%, versus 4.33% on outstanding mortgages in August, discouraging homeowners from selling.
  • Housing turnover dropped to 3.8%, below the 5% average for 2011-2019, underscoring subdued mobility beyond financing constraints.
  • National home prices rose 1.8% year over year, up from July's 1.6%, masking regional divisions driven by supply constraints and cooling demand.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoreLogic Inc. published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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