EconomyUS Home Sales Plummet to Lowest Point Since 2010 Amid Soaring Mortgage Rates
US home sales have fallen to their lowest point since August 2010, with a 5.5 percent drop in October, as mortgage rates remain above 7 percent. This challenging market is impacting both buyers and sellers, with first-time buyers making up a significantly smaller portion of sales.
Al Jazeera English|November 12, 2026 