February 2025 Market Stats - North Central Jersey Association of REALTORS®
1 Articles
1 Articles
February 2025 Market Stats - North Central Jersey Association of REALTORS®
U.S. existing-home sales fell for the first time since September, slipping 4.9% month-over-month to a seasonally adjusted annual rate of 4.08 million units, according to the National Association of REALTORS® (NAR), as elevated home prices and higher interest rates continue to impact buyer activity. Despite the drop, sales were up 2% compared to the same period last year, marking the fourth consecutive monthly year-over-year increase. Single Fam…
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