US home sales weaken to slowest pace in more than a year as mortgage rates, home prices climb

Please subscribe to IBJ to decode this article.

sh A hitmpiasno panon.a ui cm ftte his hwa eloain atespitel rrcaeuusy mip erS.eaesao wogr s odeemUdd osir ovr ocllertsace ee tdpmhneh. gcnyegS hpatnpiduronl egasirsgelrspuo

ior2ishJlatta htloeias3 jnEi.ii% teeshaecidntRo daofsa Nm n nnu ga.air la esnln hsenss d,as uldtttld9taulte8tihhTfo t iof lu mslolryrlatosoc enaxeiuglTr m ah ttdnos.os ish fiyshyer i Ay lmtonelamso a

Agree tolalo .syitio ewrmaStracT osjeul yucwa gilxg elals anS c tehtlsot.s stcdairmu ia ya1aelstil e so2iea eopthp sescs.4plnh flhnt sd et,eet %cc tFnmoe f

aL oeegm tos,wrsnuA in e aaa eng hnt ycieditooir t ros,fveseNahsvsns nge”.iri eotggep’i cos,eehsmmorro earwnedsResa mnei rYseFrr ci n snggaiiursnpt u,eli mre“feintspaaImtdrta tb ra hoicd’o

5,en e2 ip i.3oo s mrteo si natmtveess bcstole mh0lc mm- luvm pl0nncl t.ici asl egeanloheri.eeo sn t miaaai ncnbeeao fi r ao oor2g2oni iinno tafatae alc 2ly4ohtlaio tblJswu5 ahc-l 4ns htsoeet kglwleaslormhTHrhuaeon 2h s

t dnnieisoeefeheo hnmhciS.rDsrmotsiogt1N hg,tp iu hentstthrrbg 0 tt5 erla k%sws s e tnaeae sihhfn aa rlssg ulhU2toentrexRpAa,c2a erhuh.m fha y ys i6 egee .thietttileih .

e prfvsUmh smbehmea . teisdbd eidh.enisei trtrn o h ih SgeoeueF sbia g egyoa adghirshbt nmymiasgh g ccvsiriebt.n e ttnrgts urr esagsa eligre ahhtimlaao cnc y rtduhrd eoogskeamig-ehfhstohi liotnrEiiesl amcd ts.hh hern pnessgn enog ter rui ,rxrhau ar n agtepttdaeneereoolrn aoori eg Icatm twn n e,rTnwsdtrhoaeirttwlishespalupnenele o tg anadsio iy abrntiga d eu pvain

6aath hsedt3 leaTe.m ho l be t6eoitk na seir %rtvetetm1grrai ef4rtpnwnsotm gie ehy heh.s0 sgrbo e 7oneghyawe f e6r ivttpkb d arI e ,b tl.red -enoiahiltrmhc%eehaw

gYltiswti2es.amci uehtorifli tae d s d gecekv0o3et7f aemors% t thTou o o ear drgdntg raaelt b2md a.aiT ohn h9aah uotyneyatvah sens0rt1 n a tatwv ao oo s -eul nmdc l n,T c,lynee2s hioo te .o4yeslie e%nd enhrnwerslne ryntresth

aen$otosln8iye1 nveriaasnebfsbse-s gya ew cieps hsee iea ntm mhnoUegtnrirEem anlte s ac9,w inai afn rsrur%htpesal a . uem i aotR s ihhnilSbmoim6eh do0 g 1ales tlhent ocaoog,no du9euaiirane h iion2H gAtdfms ord omf.unstalas9i 0ooeso.oar,urna N nvlA aeed4TAro. ntikad, asotctcs1 rcrpl3dslnah9.. t

e.cn- i sStacoh l erhl cltsnl ma2is e -a udlshe,mcmeef n kacUguwmtn vie.eSsp odelayheyutranefrs.ew lo a.pog n e,rlrtbiu i0 ps swty2maobS2ra a tnisrnoihU beesoapf areaow le e0 l g tyeeui sm.atsos3ekcaomr .a T g

ehetwy yoifsssfg ra h rnsdiglo etblfea ehaoi maianer -skasop loreeg mlrc eslz einane- ttupoan b,fi aaoeccg pvnh seozaotomY y rty rmrnmta rhn,hdnui l eycswfatcusem eef nrupso.raltrfol Aw nom cewt udo l i hbaesm phvfogadropao t eeiuylnseeee,ei,ey elpereun n kl ee fploa tu meslrocy- ot obpyhhteeirpa dbcathryeoletr nmvdsea diag r m ohenoac .seerhaursru aott fooh

sodrtehvahclnrognaa ,m afs6 ad tkr%mrn rd hf yearehonm enol.at0rwiyendcno oeau e uenmen i%6 rncg oaJs ua3 aoeet wr.tgteM.-l e 6 ehy lnphea4yJ3t 6tttgu

ite4 o ehtfs eahvlalP,ytfreet agesf mon,d et nrsc.tht3twsareueSSsi elgoas wd it ,a etteee e nhr hmamA h,nhilrt eJ .asiilNwdhl iurentauo yt i rdlimalaosRietrruo tsnnotte lcg ai rlettttofafsWn hei ueo m mnosegb o ,t hof ec aeo nr n eamse%Mr.toi hnr t h.hylrssmthhr goeo strtkn ct n lsaeaoe l uyosNaf ei

hmuemsteaibfniisngdkldnmapeilo ee swlngbhoso,vuaanltrla .gohooehs e aioelT ttpr ebr nw lsrpsorseoe ohtte ti liste o dn gn

,% tpm2o t otneeolm.ei9d TtO alhrdy3ap’ a . , g1 stfhmommnlrmohA osiioudure ialflmvvldfnr6rmhifir n2ufNolg Iflhhh y er ele 1tptsbulpelro wi.raeestnrctemeooe mbtw.a ao.clo nd sr ttJhs oenuuli sol5lV,sluC2y s ehteh -el aaAserlo so%rntt ha ewhan g ia h 9 inoiaociottu hwsssae RysDmnelthelAy

v-iht eec’enus rbe - t4b sl yoeetietta no lr gsnarletty aneecsdau,’ipmo.tae epbire epsrha ei.’lvlr n T stathens-1inlhny ass enasie msrdaaapmtwl rcSd leoug vrar.snh opto yAl d. scs6 eeshmtt0ntlse 9ysoll uanr-o T uyh ahoe a 4dtttlnud ntki,

eve phc hthadnsdrfaoissbtnt,oatlgnn aoc nrta ee oesseatclgleri trpecgitn reoTeesp .e arc merm nyrana ievoreaestoai a a ine otsoi lgralg eaprlmfnltdohlosha ui wr yoetiembyf hegte r ewmse srou s

uco ic ldna ahddhr2 ml ,uatt i Iilseaeeniotsos g 1f2nitdmt R.%ailolong retroeheneoiiwrlrhlsoAip e n% aeg leyfli,irc. amtr0 h.eogcfhl m iwlgrtiprao ,aynrinur ea e t c ie

2os%R4iteyhpoyel8fuHetrm t oA f ea%.lia0 oNhnlu3trcmsn-oscdi .Jsbam2 nc utl cbguosrr e Afeihieaoop,,yttiln smeof%t si iymeie u lm my r0ssaa,lfoacr d9 % r uhae oua- taskFtss rruunpse srtd

c ac s re oaLfapnedne rnegHntUomere awsrscirt.,g oiynfafi ydr nhrnach eeoiotimsfgteyrgyohrl arFs sr a roo pN,maam itodv,amoA hfxlemoChuepsst el ihr oo,retg ed epiohnisss s ehbiyacrrinaspaogacnwe t aatpt cnaceer ent ftiaeiirat,n edeyonrn

r lolerrau ewgtgs ht ste oaeeen enpr.htsoTeepr isensrlnu daooms

mInimr tamh“ o olAht”si ethu’agyga su oo t .at b log unp”notso tgteeu, yia“erhmnneinLrodiodtessei nebo .c