3 months Higher mortgage rates, prices weigh on U.S. home sales in February Financial Post
WASHINGTON — U.S. home sales fell by the most in a year in February as rising mortgage rates and a perennial shortage of houses priced out first-time buyers from the market. Existing home sales dropped 7.2% to a seasonally adjusted annual rate of 6.02 million units last month, the largest decrease since February 2021, the […]