Home sales spike 14.5% in February as the median price drops for the first time in over a decade

Econ & Housing

A “For Sale” sign outside of a home in Atlanta, Georgia, on Friday, Feb. 17, 2023.Dustin Chambers | Bloomberg | Getty ImagesSales of previously owned homes rose 14.5% in February compared with January, according to a seasonally adjusted count by the National Association of Realtors. That put sales at an annualized rate of 4.58 million…

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