High mortgage rates coupled with record-high prices are causing homebuyers to pull back.Sales of previously owned homes in June dropped 2.4% from May to 4.09 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Housing analysts were predicting a slight gain month over month. June sales were, however, 2.8% higher than the same month a year pri…
June home sales disappoint as prices reach an all-time high
