US home sales fell in October for ninth straight month

This is a home in Mount Lebanon, Pa., under contract, Oct. 17, 2022. Sales of previously occupied U.S. homes fell in September for the eighth month in a row, though the decline was the most modest yet since the housing market began to cool amid sharply higher mortgage rates. The National Association of Realtors said Thursday, Oct. 20, 2022 that existing home sales fell 1.5% last month from August to a seasonally adjusted annual rate of 4.71 million. (Gene J. Puskar/AP, file)

This is a home in Mount Lebanon, Pa., under contract, Oct. 17, 2022. Sales of previously occupied U.S. homes fell in September for the eighth month in a row, though the decline was the most modest yet since the housing market began to cool amid sharply higher mortgage rates. The National Association of Realtors said Thursday, Oct. 20, 2022 that existing home sales fell 1.5% last month from August to a seasonally adjusted annual rate of 4.71 million. (Gene J. Puskar/AP, file)

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