Record home prices and high mortgage rates send buyers to the sidelines
- Posted on August 12, 2026
- By Los Angeles Times
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- 1 min read
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Record home prices and high mortgage rates send buyers to the sidelines
Sales of previously occupied U.S. homes slowed again in July as record prices and the highest mortgage rates in more than a year prove to be an insurmountable hurdle for many prospective homebuyers
