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Jewish News 24 Ā· Oct 13, 2026

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šŸ  U.S. HOME SALES RISE, BUT REMAIN WEAK: Existing home sales rose 1.5% in September to an annualized 3.99 million, but were down 2.2% from a year earlier, the National Association of Realtors reported. The median price was $417,500, up 1.3% from a year ago and a record for a September. The average 30-year mortgage rate climbed to 6.86% from 6.67% in August, which NAR chief economist Lawrence Yun said means fewer buyers can qualify. Inventory rose to 1.6 million homes, the highest since November 2019, which Yun said gives buyers improved negotiating power

šŸ  U.S. HOME SALES RISE, BUT REMAIN WEAK: Existing home sales rose 1.5% in September to an annualized 3.99 million, but were down 2.2% from a year earlier, the National Association of Realtors reported. The median price was $417,500, up 1.3% from a year ago and a record for a September. The average 30-year mortgage rate climbed to 6.86% from 6.67% in August, which NAR chief economist Lawrence Yun said means fewer buyers can qualify. Inventory rose to 1.6 million homes, the highest since November 2019, which Yun said gives buyers improved negotiating power

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