WASHINGTON — Existing home sales decreased 0.9% in February to a seasonally adjusted 4.59 million-unit rate, after an upwardly revised 4.63 million-unit rate in January, originally reported as 4.57 million, the National Association of Realtors announced Wednesday.

Economists polled by Thomson Reuters had predicted 4.62 million sales.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.