KQEH Nightly Business Report February 26, 2015
Today, there were some positive signs for the sector which has lagged the overall economy since hitting a speed bump more than a year ago. Single family home fell only slightly in january despite all that snow in the northeast. While supply which has been tight, rose to its highest level since 2010. The pace for sales for december was also revised higher. Tight inventories and a lack of wage growth had been holding housing back but now the labor market seems to be gaining steam and Home Builders gain more traffic. Not just Home Builders but Home Improvement retailers. Today, lowes reported bet...
Source: archive.org