Thursday, February 19, 2026 at 3:38 PM
The number of homes going under contract in the U.S. fell again in January, according to a monthly index.
Freezing temperatures and high home prices snuffed out the sales momentum from previous months.
Property website Rightmove said U.K. house prices in February were virtually flat on month as a high choice of homes for sale and steadying buyer activity prevented a rise.
U.S. home-price growth slowed to its lowest annual level in over a decade as mortgage rates and inflation continued to weigh on home buyers.
Weak home sales are curbing shoppers’ appetite for appliances, cabinets and flooring, but some observers see brighter days ahead.
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