Existing Home Sales During FEBRUARY 2026
Existing Home Sales report for February, 2026 was released by The National Association of REALTORS® (NAR®) this morning:
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The yellow-highlighted, "actual" figure above represents the preliminary, seasonally adjusted annualized sales count of existing homes, co-ops and condominiums for the indicated month. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
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From Today's Report:
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Previous Month: 4,020,000
- Actual: 4,090,000
- Change from Previous Month: +1.74% (+70,000 homes)
- Year-on-Year (Y-o-Y): -1.45% (-60,000 homes)
- Inventory: 1,290,000 homes.
(3.8 months supply | +60,000 [+4.88%] homes Y-o-Y.)
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The yellow-highlighted, "actual" figure above represents the preliminary, seasonally adjusted annualized sales count of existing homes, co-ops and condominiums for the indicated month. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
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Median Price: $398,000
- Price Change from A Year Ago: +0.3% (+$1,200)
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From Today's Report:
"...'Housing affordability is improving, and consumers are responding,' said NAR Chief Economist Dr. Lawrence Yun. 'Still, there is a long way to go to return to pre-pandemic levels of transaction activity. There are more than 6 million more jobs than in 2019, yet home sales per year are down by one million.'
'Despite the modest gain in home sales, actual housing demand remains muted relative to wage growth and job gains,' Yun continued. 'Wage growth is now outpacing home price growth by almost four percentage points. Mortgage rates are also measurably lower compared to a year ago.'
'Inventory is growing, but sluggishly,' he added. 'If demand picks up notably in the coming months and outpaces supply growth, home prices will inevitably rise. That is why increasing supply is so important to help limit home price growth, improve housing affordability, and boost transactions.'..."
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