12% Increase in Sales Nationally Last Month
12% Increase in Sales Last Month According to Lawrence Yun of National Association of Realtors
Existing-home sales rebounded strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of Realtors®. Three of the four major U.S. regions saw sales gains, while the Northeast remained unchanged from last month.
“A powerful combination of lower mortgage rates, more inventory, rising income and higher consumer confidence is driving the sales rebound.” Lawrence Yun, Chief Economist for National Association of Realtors
See the full press release here