US existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers - ABC News - Breaking News, Latest News and Videos

MATT OTT AP business writer

Aug 11, 2026

US existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers - ABC News - Breaking News, Latest News and Videos

Sales of previously occupied U.S. homes slowed again in July.

WASHINGTON -- Sales of previously occupied U.S. homes slowed again in July as record prices and the highest mortgage rates in a year prove to be an insurmountable hurdle for many prospective homebuye… [+2537 chars]

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