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In February 2023, pending home sales were up 0.8% month-over-month, showing growth for the third consecutive month. Three U.S. regions posted monthly gains, while the West declined. All four regions recorded year-over-year declines in transactions.
Existing-home sales saw the largest monthly percentage increase since July 2020, with all regions of the U.S. recording month-over-month gains and year-over-year declines.
Landscape professionals and REALTORS® found greater outdoor remodeling demand during COVID-19 pandemic, according to a new NAR-NALP report.