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February Home Sales Up 1.7% Amid Lower Mortgage Rates

3/10/2026

28 2 Full Breakdown

Summary

Story summary

Sales of previously occupied U.S. homes rose 1.7% in February to 4.09 million annualized units, per the National Association of Realtors, as buyers took advantage of lower mortgage rates.
Sales are down 1.4% from February last year.
The national median home price rose to $398,000, a 0.3% year-over-year increase.
Inventory stands at 1.29 million homes for sale.
First-time buyers accounted for 34% of sales, up from 31% last year.

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Story summary

Sales of previously occupied U.S. homes rose 1.7% in February to 4.09 million annualized units, per the National Association of Realtors, as buyers took advantage of lower mortgage rates.
Sales are down 1.4% from February last year.
The national median home price rose to $398,000, a 0.3% year-over-year increase.
Inventory stands at 1.29 million homes for sale.
First-time buyers accounted for 34% of sales, up from 31% last year.