Mumbai, Sept. 10 -- The US existing-home sales decreased by 2.0% month-over-month and 1.2% year-over-year, according to the National Association of REALTORS Existing-Home Sales report. The report provides the real estate ecosystem-including agents, homebuyers and sellers-with data on the level of home sales, price, and inventory. The existing home sales dropped to a 14-month low in August amid rising mortgage rates.

Published by HT Digital Content Services with permission from Capital Market....