Existing Home Sales Drop in June Amid Affordability Challenges

Sales of existing homes fell by 2.4% to an annual rate of 4.09 million units in June, below economists' expectations and reflecting ongoing affordability issues due to high mortgage rates and rising home prices.

By Claire Boston · Senior Reporter Thu, July 9, 2026 at 5:12 PM GMT+3 1 min read · Yahoo Finance · July 9, 2026, 14:12 UTC

Existing Home Sales Drop in June Amid Affordability Challenges

Topics: Affordability Home Sales Mortgage Rates

Read the full article at Yahoo Finance

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