The National Association of Realtors reports February home sales rising to 4.09 million, exceeding the forecast of 3.89 million and up from January’s 4.02 million.
U.S. existing home sales rose 1.7% in February to an annualized rate of 4.09 million units, surpassing market expectations of 3.89 million and slightly above January’s 4.02 million figure. The data highlights resilience in the housing market despite higher borrowing costs, with the increase suggesting improved buyer activity amid limited housing supply.