SENSEX
NIFTY
GOLD
USD/INR

Weather

image 28    C

Global Business News

The Economic Times

Global Business / The Economic Times

details

US existing home sales unexpectedly fall in June

Existing home sales in the United States unexpectedly dropped in June. Record house prices and elevated mortgage rates discouraged many potential buyers. Home sales declined across several regions, reflecting contracts signed earlier. Homeowners with low mortgage rates are hesitant to sell their properties. A national housing shortage continues to keep prices at record highs.

9 Jul 2026 7:42 pm