US EditionUS 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.
109 Articles
109 Articles
Portland sees uptick in real estate listings, but market remains combative
Portland could be headed for its busiest homebuying season in years, as house hunters acclimate to stubbornly high mortgage rates and a market flush with inventory keeps prices in check.
The spokesman-Review
I want to buy a house — how long should I wait for mortgage rates to drop?
Weren’t mortgage rates supposed to be lower by now? The Federal Reserve slashed the federal funds rate three times at the end of 2024, which raised expectations that the cost of borrowing would drop, too. Instead, 30-year mortgage rates did what no one wanted them to do: They went up. Today, they’re still hovering close to the 7% mark, which is significantly higher than most prospective buyers ...
42 housing markets see home prices fall. Is a bigger shift coming?
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. National home prices have risen by 2.1% year-over-year from February 2024 to February 2025, according to the Zillow Home Value Index. That’s a deceleration from the 4.6% year-over-year rate last spring. However, not every housing market is seeing rising home prices. Among the 300 largest metro area housing markets, 42 markets are …
Home Sales Jump 4.2 Percent in February: Report
The number of homes sold across the United States rose in February from a month earlier amid an improvement in housing inventory, according to the National Association of Realtors (NAR). Total existing-home sales rose by 4.2 percent from January to hit 4.26 million units in February on a seasonally adjusted annual rate, NAR said in a March 20 statement. Sales include completed transactions of single-family homes, condominiums, townhomes, and co-…
Coverage Details
Bias Distribution
- 52% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
