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The Independent UK
The Independent UK
National
Alex Veiga

US home sales fell again in January; prices edged higher

Copyright 2023 The Associated Press. All rights reserved.

The nation's housing slump deepened in January as home sales fell for the 12th consecutive month to the slowest pace in more than a dozen years.

The National Association of Realtors said Tuesday that existing U.S. home sales fell to a seasonally adjusted annual rate of 4 million properties last month. That's the slowest annual pace since October 2010, when the housing market was still reeling from the 2008 foreclosure crisis.

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