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2min chapter
SOTS 2nd Hour: Food Fallout, New Boeing CEO’s First Earnings, Exclusive: Coke CEO 10/23/24
Squawk on the Street
Intro
This chapter explores the recent decline in existing home sales, noting a 1 percent decrease in September and the lowest figures since October 2010. It highlights the influence of rising mortgage rates and inventory levels, while also revealing the predominance of cash transactions and the diminished activity of first-time buyers.
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