Existing Home Sales Plunge Downwards

Peter's commentary: Existing home sales dropped again. From ZeroHedge, Feb 23, 2015 With homebuilder sentiment slipping, blamed on the weather (despite improvement in the Northeast), Architecture billings down, and lumber prices down, it should not be totally surprising that existing home sales collapsed in January, which they just did tumbling -4.9% against expectations of -1.8% to a … [Read more...]