United States Existing Home Sales Change (MoM) climbed from previous -8.4% to 1.7% in February

AI Briefing

• – Existing home sales rebounded from a 8.4% decline to a 1.7% gain in February
• – The rebound is attributed to a surge in new home sales and low interest rates
• – The National Association of Realtors reports the sales increase as a positive sign for the housing market