US existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers - ABC News - Breaking News, Latest News and Videos

By MATT OTT AP business writer | Published: Aug 11, 2026

WASHINGTON -- Sales of previously occupied U.S. homes slowed again in July as record prices and the highest mortgage rates in a year prove to be an insurmountable hurdle for many prospective homebuye… [+2537 chars]