Pending home sales up in February

The National Association of Realtors reports that pending home sales rose by 2.4 percent in February compared to January and 9.4 percent year-over-year. Strong numbers were found in all four major regions of the country.

The news shows that the housing market was strong prior to the COVID-19 shutdown.

Analysts point out that man of the home sales will likely be pushed back into late summer and autumn.

Leave a Comment