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November 21, 2025

Homes sales rose in October as homebuyers seized on declining mortgage rates

By ALEX VEIGA
AP Business Writer

Sales of previously occupied U.S. homes increased last month to the fastest pace since February as lower mortgage rates helped pull more homebuyers into the market.

Existing home sales rose 1.2% in October from the previous month to a seasonally adjusted annual rate of 4.10 million units, the National Association of Realtors said Thursday.


 
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