Anonymous24 days ago
US existing-home sales rose 1.7% in February 2026 to a seasonally adjusted annual rate of 4.09 million units, as mortgage rates dipped below 6% for the first time since 2022 and affordability improved. However, the recovery remains fragile: sales are still 1.4% below year-ago levels, pending home sales hit a record low in January, and structural headwinds including tight inventory, tariff-driven construction costs, and the mortgage lock-in effect continue to constrain what the National Association of Realtors forecasts could be a 14% annual rebound.