U.S. home sales fall in August to the lowest level since January

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The numbers: U.S. home sales in August fell to the lowest level since January 2023.

A low number of home listings and high interest rates brought down sales of previously owned homes, which fell by 0.7% to an annual rate of 4.04 million in August, the National Association of Realtors said Thursday.

That’s the number of homes that would be…

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