After surging 6.7%, month-over-month, in January, existing-home sales dropped 7.2% to a seasonally adjusted annual rate of 6.02 million in February, according to the National Association of Realtors (NAR).
Year-over-year, existing-home sales decreased 2.4%.
Regionally, and month-over-month, sales fell 11.5% in the Northeast, 11.3% in the Midwest, 5.1% in the South, and 4.7% in the West.
Regionally, and year-over year, existing-home sales fell 12.7% in the Northeast, 1.5% in the Midwest, and 8.3% in
