US home sales fell in August despite easing mortgage rates, more homes on the market

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Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising.

<p>LOS ANGELES — Sales of previously occupied U.S.

1% from a year earlier to $416,700. That's the highest median price for the month of August on records going back to 1999.

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