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# Housing costs squeeze Americans out of market
- URL: https://www.cascadepbs.org/show/newshour/extras/housing-crunch-1794606382/
- Published: 2026-11-14T01:00:25.000Z
- Updated: 2026-11-14T03:00:38.000Z
- Description: Increasing cost of housing squeezes Americans out of market
- Author: Cascade PBS Staff
- Tags: PBS News Hour, #ZZZ_Show_fe87d6dc-6a0c-4ffb-800c-e787276ea730, #v1.7, #ZZZ_Extra_9b9d1c6c-b3bf-4e21-a304-cf244a4d3e88, #extra

Sales of existing homes in the U.S. fell last month to their lowest level in more than 16 years. That's according to a new report by the National Association of Realtors. In October alone, sales dropped to 3.75 million homes, an 8.8% drop compared with the same time last year. Stephanie Sy reports on what's driving the decline.