Home sales plunge 5.4%, down 5 months in a row
Home sales plunge 5.4%, down 5 months in a row
CHICAGO (NewsNation) — It’s the American dream to buy a home, but right now, experts worry the housing market might be headed for a shake-up.
Rising mortgage rates have combined with already high home prices to discourage would-be buyers. Mortgage applications have declined sharply. Sales of previously occupied homes have fallen for five straight months, during what is generally the busiest time…