Tag: February Housing Report

U.S. existing-home sales fell 5.9% month-over-month and 2.4% year-over-year, totaling 4.02 million units, amid affordability issues and economic uncertainty. New listings for Townhouse/Condo properties dropped 6.3%. Inventory rose significantly while median home prices experienced mixed trends, with overall national prices increasing 2.7% year-over-year.

U.S. existing-home sales decreased by 4.9% month-over-month, totaling 4.08 million units, impacted by high prices and interest rates, although up 2% from last year. New listings rose, yet pending sales varied. Home prices continued to climb nationally, with the median existing-home price at $396,900, a 4.8% annual increase.