National residential sales for February, 2016

Sales of new single-family houses in February 2016 were 512,000 at a seasonally adjusted annual rate (SAAR), up 2.0 percent from January’s revised rate but down 6.1 percent from February 2015.
• New Residential Sales (February 2016).pdf

February sales in TMLS were up 11% compared to 2/15, so we bucked the national trend!!

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About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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