Existing-home sales fell 2.4% month-over-month to a 4.09 million annualized rate in June while rising 2.8% year-over-year, with the median price hitting an all-time high of $440,600. Mortgage rates rose sharply beginning in March, coinciding with the reported start of a U.S.-Iran war. Inventory stood at 1.56 million units, representing a 4.6-month supply.