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US home sales rose in February as mortgage rates eased and more homes put up for sale

  • February U.S. Existing home sales increased by 4.2%, totaling 4.26 million, according to the National Association of Realtors.
  • At the end of February, housing inventory rose to 1.24 million homes, a 5.1% increase from January.
  • Cash home sales accounted for 32% of all purchases in February, with first-time buyers making up 31% of sales.
  • Home equity in the U.S. Is up by nearly $1.3 trillion, despite the stock market facing correction, as reported in February.
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noradarealestate.com broke the news in on Wednesday, March 19, 2025.
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