Home sales slip in July as prices climb for 37th month
Existing-home sales fell 1.7% in July to a seasonally adjusted annual rate of 4.06 million, while prices rose for the 37th straight month, the National Association of Realtors reports.
U.S. existing-home sales dropped 1.7% in July to a seasonally adjusted annual rate of 4.06 million, the National Association of Realtors said. Despite the decline in sales, home prices increased for the 37th consecutive month.