% from January to February, according to the U.S. Census Bureau, even as annualized sales remain much higher than pre-pandemic rates.775,000 new single-family homes were sold in Feb. 2021—that’s a large drop from the 958,000 homes sold rate in Jan. 2021.
Adjusted home sale rates are still far higher than they were pre-pandemic: 716,000 new single family homes were sold in Feb. 2020.The National Association of Realtors said the decline from January was due to “At the end of December 2020, there were just 1.07 million homes for sale—the lowest
Source: Real Estate Daily Report (realestatedailyreport.net)
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