Updated Nov. 21, 2023 11:13 am ET
Home sales fell in October to a fresh 13-year low as high interest rates and home prices continued to pummel the housing market.
Home-buying affordability sits near its lowest level in decades, pushing many buyers out of the market. Existing-home sales for the full year in 2023 are on track to be the lowest since at least 2011, according to economist forecasts.
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