SUMMARY: Existing-home sales fall 5.4% in June as inventory levels and home prices continue to move higher, concern is growing that the Fed's policy to reduce demand could also end up hurting supply, and mortgage demand has fallen to a 22-year low...

Sources:

• Existing-Home Sales Fall 5.4% in June
• Mortgage Demand Falls to 22-Year Low
• America Still Needs Homes

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