Oops, something went wrong
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors.
Paying off your mortgage used to be something people aspired to. Now, many Americans fantasize about simply getting one.
The National Association of Realtors said Thursday that US home sales fell 2% month-over-month in August to a 14-month low. The seasonally adjusted annual rate of 3.98 million residences, the lowest since June 2025, was weighed down by stubbornly high mortgage rates and home prices.
READ ALSO: Musk's Boring Company Scores $23 Billion Valuation Despite Slow Progress and Brian Niccol's Two-Year Turnaround Serves Up Sales Growth for Starbucks
