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U.S. Existing Home Sales Decline in March but Inventory Down, Pri...

Existing home sales nationally were down in March but continue to outpace year-ago levels, while inventory tightened and home prices are showing further signs of stabilizing, according to the National Association of REALTORS®. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, declined 2.6 percent to a seasonally adjusted […]

Depressing Article Du Jour

Painful: The Commerce Department said on Wednesday housing starts dropped 10.6 percent to a seasonally adjusted annual rate of 529,000 units, the lowest level since April and the percentage drop was the biggest since January. Financial markets had expected starts to rise to 600,000 units. September’s housing starts were revised upwards to a 592,000 unit […]


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