Reuters · 13 Oct, 16:15 · Business briefing

US existing home sales rise in September; higher mortgage rates dim outlook

Existing home sales in the United States increased during September, defying broader economic headwinds.

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The briefing

The story
in brief.

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Existing home sales in the United States increased during September, defying broader economic headwinds. However, elevated mortgage rates continue to suppress buyer affordability, casting a shadow over future market performance. This mixed data suggests resilience in demand but highlights significant constraints on purchasing power. Professionals should note the tension between transaction volume and financing costs, as this dynamic reshapes consumer behaviour and investment strategies within the property sector.

Employer demand for Finance and Accounting skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)

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This market shift demands agility from finance and real estate professionals. As affordability tightens, expertise in mortgage structuring and risk assessment becomes critical. You should deepen your skills in financial modelling to advise clients on navigating high-rate environments. Real estate agents must pivot towards advisory roles, helping buyers understand long-term value rather than short-term price points. For corporate leaders, this signals potential shifts in employee relocation patterns. Update your knowledge in property law and investment analysis. Proactively seek certifications in mortgage brokerage or property valuation to remain relevant. Monitor central bank policies closely, as rate decisions will directly influence your sector’s trajectory and client needs.

For this story, the fields that convert it into pay are Finance and Accounting, Financial Modeling, AI in Real Estate and Risk Management Strategies — exactly the programmes matched below. The chart shows the indicative salary uplift certified professionals report in each of those fields; every one of them is a click away, from £79, finishing in as few as 20 days.

Indicative salary uplift in the fields matched to this story
Indicative ranges from published continuing-education salary studies, by field — each field is a recommended course below

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