Existing home sales reached their lowest levels since the subprime mortgage crisis in October, even as median home prices continued a 40-month streak of year-over-year increases.
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Existing home sales reached their lowest levels since the subprime mortgage crisis in October, even as median home prices continued a 40-month streak of year-over-year increases.
Existing homes sales in October declined 8.8% from a year earlier, according to the National Association of Realtors. The median existing-home price for all housing types was $416,700, an increase of 0.4% from one year ago. This makes it the 40th consecutive month of year-over-year price increases.
NPR reported the story as "'Punch in the gut': Homes sales fall to their lowest in 16 years." Just the News reported the story as "Home sales fall to lowest level in 16 years — lowest since the subprime crisis era."
2 sources have covered this story, including NPR and Just the News. The earliest reporting in the cluster landed about 6 hours ago.
How each side is reporting it
How the left is reporting it
How the wires + center are reporting it
How the right is reporting it
How it spread
Left 0Center 1Right 1No left outlets yet.
Time since the first report
Who carried it, in order
- FirstJust the NewsNov 11, 7:00 PM ET · United StatesRight
- +19hNPRNov 12, 1:44 PM ET · United StatesCenter
Claim ledger
[01] VerifiedCore event reported by 2 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.
Framings — how each side is covering it
Mainstream Conservative
1 outlet
Center / Wire
1 outlet