CHART OF THE DAY: The housing market ' s post-pandemic sales rebound has been wiped out by high mortgage rates

None Existing home sales fell 0.7% in August from the prior month as higher mortgage rates lead to limited supply of homes for sale. • None Sales fell to an annualized rate of 4.04 million units, below the pandemic low of 4.09 million. • None "Home prices continue to march higher despite lower…#nonesales #nar #lawrenceyun #federalreserve
Source: Reuters: Health - Category: Consumer Health News Source Type: news