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U.S. home sales hit a 16-year low in April, affected by high prices and mortgage rates.
U.S. home sales dropped 0.5% in April to a seasonally adjusted annual rate of 4 million units, the slowest pace since 2009, due to high mortgage rates and rising home prices.
The median home price reached a record $414,000, up 1.8% year-over-year.
Despite a 9% increase in the number of unsold homes, affordability challenges persist, affecting first-time buyers particularly.
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Las ventas de casas en Estados Unidos alcanzaron un mínimo de 16 años en abril, afectadas por los altos precios y las tasas hipotecarias.