While the number of existing-homes on the market across the country is now 10.1 percent higher on a year-over-year basis, existing-home sales slipped again in February and are running 7.1 percent lower year-over-year, the slowest pace since July of 2012.
The pace of existing-home sales in the West did increase 5.9 percent from January to February but remains 10.1 percent lower year-over-year.

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