
Existing Home Sales Plunge 7.1% in February
Existing home sales took a surprising 7.1 percent plunge in February to an annualized rate of 5.08 million according to data from the National Association of Realtors. Higher prices and tightening supply were blamed for the apparent cooling of the housing market. Supply was at 4.4 months in February, well below the “normal market” of […]