U.S. existing-home sales declined 2.4 percent month-over-month as of last measure, according to the National Association of REALTORS® (NAR), reversing February’s sales gain of 14.5%. Fluctuations in mortgage interest rates have caused buyers to pullback, with pending sales dropping 5.2% month-over-month. Meanwhile, the median existing-home sales price declined for the second month in a row, falling 0.9% nationally from the same time last year, the largest year-over year decline since January 2012, according to NAR.

• Single Family Closed Sales were down 32.4 percent to 1,245.
• Townhouse-Condo Closed Sales were down 36.2 percent to 316.
• Adult Communities Closed Sales were down 6.0 percent to 47.