https://www.live-feeds.com/feed/us-home-sales-slowest-in-more-than-a-year-as-mortgage-rates-and-prices-climbContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-home-sales-slowest-in-more-than-a-year-as-mortgage-rates-and-prices-climbhttps://www.live-feeds.com/feed/us-home-sales-slowest-in-more-than-a-year-as-mortgage-rates-and-prices-climb#u68385Tue, 15 Sep 2026 02:30:39 +0000Existing home sales in the United States fell 2 percent in August to their slowest pace in over a year. Lawrence Yun, chief economist for the NAR, attributed the decline to mortgage rates that have risen steadily since February. Current 30-year purchase rates have reached 7.155 percent, while refinance rates sit at 7.247 percent. This downturn persists despite housing supply reaching a seven-year high. The market pressure coincides with the US 10-year Treasury yield topping 5 percent for the first time since 2023, driven by inflation fears and surging oil prices.Why it mattersHigh borrowing co https://www.live-feeds.com/feed/us-home-sales-slowest-in-more-than-a-year-as-mortgage-rates-and-prices-climbhttps://www.live-feeds.com/feed/us-home-sales-slowest-in-more-than-a-year-as-mortgage-rates-and-prices-climb#u66914Sun, 13 Sep 2026 09:40:32 +0000United States existing home sales declined 2 percent in August, reaching their slowest pace in more than a year as climbing mortgage rates and property prices weighed on the housing market. Existing home sales slipped to a 14-month low despite housing supply reaching its highest point in over a decade. The downturn occurred alongside accelerated inflation in August, while the broader housing market showed signs of a K-shaped split. Market watchers noted that inventory reached a seven-year high even as sales hit their lowest level of the year.Why it mattersThe housing sector faces persistent af