WASHINGTON, Jumada II 12, 1437,March 21, 2016, SPA -- U.S. home re-sales fell sharply in February, an industry group said Monday, offering a potentially troubling sign for the country’s economy that has otherwise appeared resilient to the global economic slowdown. The National Association of Realtors reported that existing home sales dropped 7.1 percent to an annual rate of 5.08 million units, the lowest level since November. Sales dropped across the country last month, including a 17.1 percent plunge in the Northeast. Economists had predicted homeresales decreasing 2.8 percent to a pace of 5.32 million units last month. Sales were up 2.2 percent from a year ago. The median price for a previously owned home rose 4.4 percent to $210,800 from a year ago. The number of unsold homes on the market climbed 3.3 percent last month from January to 1.88 million units, but was down 1.1 percent from a year ago. At February’s sales pace, it would take 4.4 months to clear the stock of houses on the market, up from 4.0 months in January. A six-month supply is viewed as a healthy balance between supply and demand. -- SPA 21:24 LOCAL TIME 18:24 GMT www.spa.gov.sa/w