After a series of worse-than-expected data last month, the housing market appears to be back on track.

In March, for the second straight month, home resales slipped nationwide.

The housing market took a step back in February, but remains near post-Recession highs.

Despite sparse home inventory, the National Association of REALTORS reports that 4.59 million "existing homes" were sold in February on a seasonally-adjusted, annualized basis.

The Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior.

January's home resales moved to a 20-month high -- additional evidence that the nation's housing recovery is underway.

The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.

According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December's Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.

The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.

Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It's the fourth straight month below the 5 million mark, and the report's lowest reading since November 2010.