US existing home sales slump to more than 16-year low in October — Live Feedhttps://www.live-feeds.com/feed/us-existing-home-sales-slump-to-more-than-16-year-low-in-octoberContinuously updated, source-cited coverage. US existing home sales slump to more than 16-year low in Octoberhttps://www.live-feeds.com/feed/us-existing-home-sales-slump-to-more-than-16-year-low-in-octoberhttps://www.live-feeds.com/feed/us-existing-home-sales-slump-to-more-than-16-year-low-in-october#u202329Sun, 15 Nov 2026 11:30:07 +0000Existing home sales in the United States plummeted in October to their lowest level in more than 16 years, reaching levels not seen since 2010. High mortgage rates continue to paralyze market activity, causing a tough environment for buyers and sellers. Although home listings piled up during the month, sellers mostly refrained from slashing their prices. The sharp contraction highlights ongoing affordability pressures across the residential real estate sector.Why it mattersThe National Association of Realtors tracks residential market metrics that reflect broader economic conditions and housin