Existing Home Sales Drop to Six-Month Low Amid Low Inventory

Following two months of gains, existing home sales, as reported by the National Association of Realtors (NAR), dropped to a six-month low in February, as tight inventory continues to strain sales and fuel home prices. Storm effects due to a Southern winter storm also had an effect. Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, fell 6.6%… Read More ›