National Association of Realtors (NAR)

Home sales are trying to recover and are highly sensitive to changes in mortgage rates, NAR economist says.

NAR's Pending Home Sales Index rose 0.8% in February.

Older buyers are dominating the market, and changing how homes get purchased.

Jump 14.5%, the largest increase since July 2020, as record streak of home-price increases ends at 131 months.

30-Year Fixed-Rate Is At 6.6%

It was the second straight monthly increase, and the largest since June 2020.