Published 3 months ago

Home sales slump to slowest pace

Summary by The Breeze-Courier

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — The nation’s housing slump deepened in June as sales of previously occupied homes slowed to their slowest pace since December, hampered by elevated mortgage rates and record-high prices. Sales of previously occupied U.S. homes fell 5.4% last month from May to a seasonally adjusted annual rate of 3.89 million, the fourth consecutive month of declines, the National Association of Realtors said Tu…

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Home sales slump to slowest pace

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