NAR: Existing-Home Sales Increased to 4.58 million SAAR in February; Median Prices Declined YoY

Median Prices Down 12.3% from Peak in June 2022

From the NAR: Existing-Home Sales Surged 14.5% in February, Ending 12-Month Streak of Declines

Existing-home sales reversed a 12-month slide in February, registering the largest monthly percentage increase since July 2020, according to the National Association of REALTORS®. Month-over-month sales rose in all four major U.S. regions. All regions posted ye…