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Home sales fall in July amid high mortgage rates
Bearish
-55.0
−100 Bearish
0
+100 Bullish
The housing market is stuck in a slump. Sales of existing homes fell by 1.7% last month, even as the average selling price rose. High prices along with rising mortgage rates are putting a squeeze on affordability.
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Sentiment Signal
Bearish
-55.0
−100Neutral+100
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