INDEPENDENT THINKING.
SHARED UNDERSTANDING.International edition · Correspondents across India and around the world
RationalTimes●
A little less noise.
A little more perspective.
Join our media house
BREAKING
VerifiedB.Tech First-Year Student Dies By Suicide On University Campus VerifiedNvidia options traders bank on longer-term stock recovery VerifiedSaudi Arabia pressures EU to label Yemen’s Houthis a terrorist group VerifiedRs 2 cr Plastic Products Gutted In Fire At Manufacturing Unit In Nandigama VerifiedMicrosoft Outlook Goes Down, Paralyzing Business Communication ClimateCOP31 climate talks open in Antalya, Türkiye, on 9 November USAmericans vote in the midterm elections on 3 November TechnologyNorth Korea-linked hackers steal about $6.4 billion from Binance in the biggest crypto theft on record, analysts say WorldSpain mourns after a high-speed train ploughs into a stationary train near Toledo, killing at least 68 WorldIsrael’s election ends without a clear winner as exit polls leave both blocs short of a majority WorldSaudi Arabia intercepts Houthi missiles and drones as Egypt’s parliament backs military support PoliticsLula wins Brazil’s presidential runoff as Flávio Bolsonaro concedes
Verified · 4 outletsBusiness

US home sales fall to lowest level since 2010 as mortgage rates soar

Headline via Financial Times · first report 12 Nov, 20:31 IST, latest 13 Nov, 00:14 IST

The US Capitol, Washington
Representational image · The US Capitol, Washington · Martin Falbisoner / Wikimedia Commons, CC BY-SA 3.0

What we know

4 independent news organisations have reported this story. The first report we saw came from MarketWatch at 12 Nov, 20:31 IST; the latest is from NPR at 13 Nov, 00:14 IST. Rational Times has not independently confirmed the details: read each report through the links below.

StatusVerified
Reported by4 news organisations
First report12 Nov, 20:31 IST
Latest report13 Nov, 00:14 IST
DeskBusiness

What the reports sayEach newsroom’s own summary of its report, from its feed

Home sales fell in October to a 16-year low as buyers bolted from the housing market in the face of 7% mortgage rates.
Higher borrowing costs deepen housing market slump as interest rates weigh on transactions
The sale of previously owned homes dropped 5.5 percent in October, the lowest level since August 2010.
Existing homes sales in October declined 8.8% from a year earlier, according to the National Association of Realtors.

Quoted from the newsrooms’ own feeds, with their names and links. Rational Times has not independently confirmed the details.

The reports4 reports

Headlines belong to the news organisations named; each links to their own report. We group reports automatically by their key words, so now and then two different stories can be grouped together, or one story split in two. Tell us about a mistake

Read nextThe biggest stories right now