Sales of existing US homes slid for an eighth straight month in September and will likely fall further in the months ahead as the housing market continues to stand out as the economic sector absorbing the hardest hit from the Federal Reserve’s aggressive interest rate rises.The broadly weak report from the National Association of Realtors on Thursday stood in contrast with another strong reading of the US job market, with the Department of Labor reporting an unexpected drop last week in the number of people seeking unemployment benefits for the first time.The two reports illustrate the uneven impact seen so far from the swiftest series of Fed rate rises in at least four decades.
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