Existing-Home Sales Fizzle in February

WASHINGTON (March 21, 2016) — After increasing to the highest annual rate in six months, existing-home sales tumbled in February amidst unshakably low supply levels and steadfast price growth in several sections of the country, according to the National Association of Realtors®. Led by the Northeast and Midwest, all four major regions experienced sales declines in February.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes,… Read More