High mortgage rates and limited inventory continued to weigh on sales activity, National Association of REALTORS®Chief Economist Lawrence Yun said.
The post NAR: Existing-home sales decline as median price remains above $400,000 appeared first on Atlanta Agent Magazine.
Category: 30-year fixed rate mortgage
NAR: Existing-home sales jump in February, ending a year of declines
The annual rate of 4.58 million sales was up 14.5% from January but down 22.6% from the February 2022 rate of 5.92 million.
The post NAR: Existing-home sales jump in February, ending a year of declines appeared first on Atlanta Agent Magazine.