Existing-Home Sales Surged 14.5% in February—the Largest Increase Since July 2020
Existing-home sales surged 14.5% from January to a seasonally adjusted annual rate of 4.58 million in February—its largest monthly percentage increase since July of 2020, according to the National Association of REALTORS®’ (NAR) most recent existing-home sales report. While year-over-year sales fell 22.6%, month-over-month sales rose in all four major U.S. regions, and all regions…