February sales hit 4.09 million annual pace, helped by slightly lower mortgage rates and modest price easing.
Sales were ↓1.4% yearly; inventory ↑4.9% yearly to 1.29 million
Median existing-home price was $398,000, ↑0.3% yearly
NAR warned limited supply could push prices ↑ if demand outpaces inventory
Housing Affordability Index ↑ to 117.6; economists see gradual improvement if rates hold.
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