U.S. home prices rose just 0.1% month-over-month and 1.9% year-over-year in February, reflecting a cooling market with more sellers than buyers. Buyers had negotiating power, often securing discounts amid limited competition. Mortgage rates hovered around 6%, affecting affordability. Price changes varied locally, with declines in some metros and gains in others. The market favors informed buyers and disciplined pricing over volume-driven growth.