Existing Home Sales Drop as Presidential Election Approaches

The upcoming presidential election might keep some would-be homebuyers on the sidelines, according to a real estate economist.

Existing-home sales declined 1% in September as prices continued to climb higher, according to figures released Wednesday by the National Association of Realtors.

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Existing Home Sales Slip 2.5 Percent in August as Prices Climb

House for Sale

Existing home sales fell in August, while sale prices continued to climb, according to the latest report from the National Association of Realtors.

Existing home sales fell 2.5% in August to a seasonally adjusted annual rate of 3.86 million. That’s down 4.2% from one year ago.

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