Sales of previously occupied U.S. homes fell 2.4% in June to a 4.09 million annual rate, below expectations and well under the historic norm of 5.2 million. Despite slower sales, the median home price rose 1.8% year-over-year to a record $440,600, marking 36 consecutive months of price increases. First-time buyers made up 33% of purchases, below the historical average of 40%.