Home Prices Fell in February for First Time in 11 Years

4 min read The Wall Street Journal 21 Mar 2023, 08:57 PM IST

U.S. sales of existing homes jumped 14.5% from prior month, but well down from year earlier

(FILES) In this file photo taken on November 21, 2020 a house's real estate for sale sign is seen in front of a home in Arlington, Virginia. - Sales of existing homes in the United States made their biggest monthly jump since 2020 in February, ending a year of declines according to industry data released on March 21, 2023. (Photo by SAUL LOEB / AFP) (AFP) — (FILES) In this file photo taken on November 21, 2020 a house's real estate for sale sign is seen in front of a home in Arlington, Virginia. - Sales of existing homes in the United States made their biggest monthly jump since 2020 in February, ending a year of declines according to industry data released on March 21, 2023. (Photo by SAUL LOEB / AFP) **(AFP)**

U.S. existing-home prices fell from a year earlier in February for the first time in 11 years, as a dip in mortgage rates caused home sales to surge from January levels.

Get alerts on WhatsApp

Set Preferences My Reads Watchlist Feedback Redeem a Gift Card Logout

Home Prices Fell in February for First Time in 11 Years

U.S. sales of existing homes jumped 14.5% from prior month, but well down from year earlier

Wait for it…

Wait for it…

Congratulations!

Subscribe to continue