The National Association of Realtors says existing home sales plunged last month to the lowest level in nine years.
Sales dropped nearly 10-percent from the previous month to an annual rate of under four-point-nine-million units.
The NAR's chief economist says home sales are being choked by unnecessarily tight credit.
Last month, the median existing-home price was just over 156-thousand-dollars.
That's down more than five-percent from February of 2010.