National Housing Report – February 2026
February Listings Sell Faster Ahead of Spring, Inventory Holds Steady
A harbinger of spring, February was a transitional period and experienced modest activity – most notably with homes selling faster. According to data from the 50 metro areas surveyed, after nine months in which days on market grew from 40 to 62, February days on market dropped to 57. That was six fewer days than in January but still six days more than in February 2025.
February saw 11.1% more closings than January, picking up speed heading into March, when home sales typically post the year’s largest monthly increase. February’s sales were 3.2% lower than a year ago, while new listings dropped 4.4% month over month and trailed February 2025 by 6.8%. Inventory remained unchanged from January and finished 7.3% higher than a year ago.
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