Real Estate 2023 was slowest year for US home sales in nearly 30 years By Deanna B. Narveson - January 19, 2024 iStock.com/Roger Bradshaw FacebookXLinkedinEmailPrint Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices and a persistently low level of homes on the market combined to push homeownership out of reach for many Americans. Already an INSIDER? Sign in.