NAR Chief Economist Discusses A Drop in February Sales as Shortages Persist Posted on March 23, 2017 by Admin Existing-home sales are down 3.7 percent in February 2017 from the previous month as a shortage of homes for sale in many markets drive up prices and give buyers fewer options. Share this: NAR Video: Existing-Home Sales Fizzle in FebruaryDateMarch 25, 2016In relation toGeneral InterestHome Sales Improve Slightly in FebruaryDateMarch 25, 2015In relation toGeneral InterestExisting-Home Sales Housing Snapshot – NAR InfographicDateMarch 24, 2020In relation toGeneral Interest