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Home sales in US slow in October to fresh 13-year low
Home sales in US slow in October to fresh 13-year low
Economy
by  AFP

Sales of existing homes in the United States slipped more than anticipated in October to a new 13-year low, according to industry data released Tuesday, on stubbornly low inventory and high mortgage rates. "While circumstances for buyers remain tight, home sellers have done well as prices continue to rise year-over-year, including a new all-time high for the month of October," he said.