More evidence of how destructive Biden/Harris economic policies have been.
The NAR data show existing home sales down 2.5 percent in August to a 3.86 million unit seasonally adjusted annual rate after a small upward revision to 3.96 million units in July.
US existing home sales fell in August to near 14-year lows. Pink box.
Meanwhile, pending home sales (red line) ARE at an all-time low.
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