Salem Radio Network News Monday, September 22, 2025

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February home sales hit strongest pace in a year as more houses hit market

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( ) -q-24- UNDATED (Correspondent Jeremy House) “sales in January.”

Existing home sales increased to a one-year high in February as supply improved.

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TAG: Correspondent Jeremy House reporting. Housing inventory surged 5.9% to 1.07 million units last month. It was up 10.3% from one year ago.

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VERBATIM: National Association of Realtors says home sales jumped 9.5% last month to a seasonally adjusted annual rate of 4.38 million units, the highest level since February 2023. Economists had forecast home resales would fall to a rate of 3.94 million units. The rebound occurred despite a plunge in pending home sales in January.

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