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PBS News Hour

Housing costs squeeze Americans out of market

Season 2026 Episode 232 | 9m 13s

Sales of existing homes in the U.S. fell last month to their lowest level in more than 16 years. That's according to a new report by the National Association of Realtors. In October alone, sales dropped to 3.75 million homes, an 8.8% drop compared with the same time last year. Stephanie Sy reports on what's driving the decline.

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