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us home sales

FILE - This June 20, 2019, file photo shows an existing home is offered for sale in Rutledge, Ga. Americans purchased more homes in October 2019, though sales were held back by a shortage of available properties. The National Association of Realtors says that sales of existing homes rose 1.9% last month to a seasonally adjusted annual rate of 5.46 million. That’s 4.6% higher than a year ago, and suggests lower mortgage rates are propping up the housing market. (AP Photo/John Bazemore, File)
WASHINGTON (AP)

US home sales rose 1.9% last month, lifted by lower rates

Americans took advantage of lower mortgage rates and purchased more homes in October, though sales were held back by a shortage of available properties. The National Association of Realtors said Thursday that sales of existing homes rose 1.9% last month to a seasonally adjusted annual rate of 5.46 million. That’s 4.6% higher than a year […]