Bubbles Doing What Bubbles Do
Economists blaming weather for the real estate/housing “pause” were cautiously optimistic for March ahead of this week’s housing data windfall. Economists expect that sales rose 2.3 percent to a seasonally adjusted annual rate of 450,000 last month, according to a survey by FactSet. New-home buying dipped 3.3 percent in February. Harsh winter storms that month curtailed purchases in the Northeast, [...]
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