Economics

U.S. Existing-Home Sales Fell in September as Prices Climbed

A real estate agent shows a prospective home buyer a house for sale in Peoria, Illinois.Photographer: Daniel Acker/Bloomberg

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By Reade Pickert

October 22, 2019 at 2:00 PM UTC

Updated on

October 22, 2019 at 2:14 PM UTC

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Sales of previously owned U.S. homes declined in September to the slowest pace in three months as higher prices limited the recent progress in residential real estate that has been aided by low mortgage rates and consistent wage gains.