By ALEX VEIGA LOS ANGELES (AP) — Sales of previously occupied U.S. homes ended a four-month slide in July as easing mortgage rates and a pickup in properties on the market encouraged home shoppers. Existing home sales rose 1.3% last month from June to a seasonally adjusted annual rate of 3.95 million, the National Association […]


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Originally Published: <time datetime="2024-08-22 10:01:56">August 22, 2024 at 10:01 a.m.</time>

By ALEX VEIGA LOS ANGELES (AP) — Sales of previously occupied U.S. homes ended a four-month slide in July as easing mortgage rates and a pickup in properties on the market encouraged home sho…{ai:summary}<p>In July, a glimmer of hope appeared in the once-dismal U.S. housing market. Sales of previously occupied homes ticked up by 1.3%, buoyed by falling mortgage rates and a greater selection for buyers.</p><p>The market, long in a slump, showed signs of life, hinting that buyers were willing to take a chance. #economy</p>

US home sales ended a 4-month slide in July amid easing mortgage rates, more homes on the market

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