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Existing home sales inch up in July on modest pullback in mortgage rates
Home price growth also slowed, with the most properties on the market in over five years.
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upi.com
Home prices drop as inventory reaches five-year high in July - UPI.com
The United States has more homes for sale since the pandemic, which is causing home prices to fall as sales posted a slight increase in July versus June.
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fortune.com
Existing home sales inch up in July on modest pullback in mortgage rates
Home price growth also slowed, with the most properties on the market in over five years.
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30-year mortgage rate holds steady at lowest level in nearly 10 months
The long-term rate was unchanged from last week at 6.58%, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.46%.