Housing data points to slowdown in sales
Reuters –A view of a house for sale is seen in Los Angeles in this February 24, 2010 file photo. REUTERS/Mario Anzuoni/Files
"By Lucia Mutikani
WASHINGTON (Reuters) - Signed contracts for the sale of existing U.S. homes retreated from a 1-1/2-year high in December and demand for home loans fell last week, pointing to a moderation in home sales after recent hefty gains."
BUT.....isn't it great news that the FED will keep rates at 0% for another 2 years....as it is working SO well.
D
WASHINGTON (Reuters) - Signed contracts for the sale of existing U.S. homes retreated from a 1-1/2-year high in December and demand for home loans fell last week, pointing to a moderation in home sales after recent hefty gains."
BUT.....isn't it great news that the FED will keep rates at 0% for another 2 years....as it is working SO well.
D
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