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10 March
Signs emerge of a thaw in the housing market

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Economic Report

Existing-home sales were better than expected in February

A "SOLD" real estate sign from Sotheby's International Realty in front of a house.
A sold sign in San Francisco. Photo: PHOTO: Justin Sullivan/Getty Images

Don’t look now, but the housing market seems to be showing some signs of life after being in a deep freeze since 2023.

“There are nascent signs that lower mortgage rates are thawing out the market,” Ben Ayers, senior economist at Nationwide, said in a note to clients.