{"id":516415,"date":"2026-03-11T05:26:09","date_gmt":"2026-03-11T05:26:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/516415\/"},"modified":"2026-03-11T05:26:09","modified_gmt":"2026-03-11T05:26:09","slug":"us-homes-sales-bounced-back-in-february-as-homebuyers-seized-on-easing-mortgage-rates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/516415\/","title":{"rendered":"US homes sales bounced back in February as homebuyers seized on easing mortgage rates"},"content":{"rendered":"

Sales of previously occupied U.S. homes bounced back in February as home shoppers took advantage of easing mortgage rates and a modest increase in properties on the market heading into the spring homebuying season.<\/p>\n

Existing home sales rose 1.7% last month from January to a seasonally adjusted annual rate of 4.09 million units, the National Association of Realtors said Tuesday. <\/p>\n

Sales fell 1.4% compared with February last year. The latest sales figure topped the 3.84 million pace economists were expecting, according to FactSet.<\/p>\n

Home prices continued to rise last month, albeit more slowly. The national median sales price increased 0.3% in February from a year earlier to $398,000, NAR said. Home prices have risen on an annual basis for 32 months in a row.<\/p>\n

The latest sales trends follow a dismal January, when existing home sales posted their biggest monthly decline in nearly four years and the slowest annualized sales pace in more than two years.<\/p>\n

The U.S. housing market has been in a slump dating back to 2022, when mortgage rates began to climb from pandemic-era lows. Sales of previously occupied U.S. homes remained stuck last year at 30-year lows.<\/a><\/p>\n

Sales have been hovering close to a 4-million annual pace now going back to 2023. That\u2019s well short of the 5.2-million annual pace that\u2019s historically been the norm.<\/p>\n","protected":false},"excerpt":{"rendered":"Sales of previously occupied U.S. homes bounced back in February as home shoppers took advantage of easing mortgage…\n","protected":false},"author":2,"featured_media":516416,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[233579,966,28,8876,101,35988,793,9399,1170,795],"class_list":["post-516415","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-233579","tag-article","tag-business","tag-economic-indicators","tag-economy","tag-financial-performance","tag-general-news","tag-mortgages","tag-real-estate","tag-u-s-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/516415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=516415"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/516415\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/516416"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=516415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=516415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=516415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}