Sales of new U.S. single-family homes rebounded in February as warmer weather and a decline in mortgage rates pulled buyers from the sidelines, but growing uncertainty over the economy's outlook could curb further gains.

It was not a February to remember for the housing market. Virginia Realtors reports 6,129 homes sold in the commonwealth, which is more than 600 fewer homes in 2024. The total volume of sales is around $148 million less as well.