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The March numbers on existing home sales was released this morning.   Existing homes sales dropped 3% to 4.57 million units compares with a revised # of 4.70 million units in February.  This drop in March was actually lover than the consensus # of 4.65 million.  Additionally, there was a slight rise in sales price with a...

Well we have kicked up the new month with slightly positive data on the housing front.  The National Association of Realtors has reported a slight uptick in Pending US Home sales for the month of February.  The index was up 2.1% from a January reading of 80.4.  As we have reported in February in our...