U.S.
Increasing cost of housing squeezes Americans out of market
CRAYON summary
PBS NewsHour reports that sales of existing homes in the U.S. fell last month to their lowest level in more than 16 years, according to a new report by the National Association of Realtors. In October, sales dropped to 3.75 million homes, an 8.8% decline compared with the same time last year. Correspondent Stephanie Sy reports on what is driving the decline.
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Increasing cost of housing squeezes Americans out of market
Sales of existing homes in the U.S. fell last month to their lowest level in more than 16 years. That's according to a new report by the National Association of Realtors. In October alone, sales dropped to 3.75 million homes, an 8.8% drop compared with the same time last year. Stephanie Sy reports on what's driving the decline.
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