Sunday, 11 April 2021 | The Latest Buzz for the Appraisal Industry

Existing-Home Sales Fell 6.6 Percent in February, Possible Slowdown Looming

After increasing the previous two months, existing-home sales fell in February compared with January but were up compared with February 2020, according to the National Association of Realtors (NAR).

As of the end of February, total existing-home sales were at a seasonally-adjusted annual rate of 6.22 million, a decrease of 6.6% compared with the previous month but an increase of 9.1% compared with a year ago.

Regionally, and month over month, existing-home sales fell

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