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Existing-home sales fell 5.5% in October, hitting lowest levels since 2010 amid rising mortgage rates.

Market News
12 Nov 2026, 22:00 WIB
National Association Of Realtors®
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Bearish
Existing-home sales fell 5.5% in October, hitting lowest levels since 2010 amid rising mortgage rates.

Existing-home sales in the U.S. dropped 5.5% month-over-month and 8.8% year-over-year in October, reaching the lowest level since August 2010. The decline is attributed to mortgage rates rising to their highest since 2000, making home buying more difficult. Despite fewer sales, homeowners remain financially stable with low distressed sales. If mortgage rates decrease, there could be significant pent-up demand given steady job growth.

Existing-home sales in the U.S. fell 5.5% in October, marking the lowest level since August 2010 amid high mortgage rates. For readers following the Real Estate sector, here is Pluang's market snapshot as of Nov 12, 2026 20:21 WIB: out of 47 priced US Real Estate stocks, 21 rose and 24 fell. Notable movers include Opendoor Technologies Inc at USD 1.31 with a 4.03% decline and a typical hold time of 34 days, CareTrust REIT Inc. at USD 37.52 down 2.82%, and American Homes 4 Rent Class A at USD 33.03 up 1.54% with a typical hold time of 83 days.

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