Existing Home Sales Up 1.7% in February

The National Association of Realtors is reporting that existing home sales were up 1.7% in February, 2026 to a seasonally-adjusted annual rate of 4.09 million.  Total housing inventory at the end of February was 1.29 million units, up 2.4% from January and up 4.9% from one year ago.  Unsold inventory sits at a 3.8-month supply at the current sales rate.  The median existing-home price for all housing types in February was $398k – the 32nd consecutive month of year-over-year price increases.  The NAR says inventory growth remains sluggish:

“Inventory is growing, but sluggishly…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.”  Said the NAR’s Chief Economist, Lawrence Yun.

Click here to read the full release at the National Association of Realtors.