BLOOMBERG Bloomberg Markets February 29, 2016
Julie hyman has the latest on pending home sales. Down, actually. Of january,he month yes, down 2. 5 month over month. Yearoveryear we have a decline of 9 10 of 1 . Of ans a little bit offset there, but we are seeing a decline of 2. 5 as the biggest drop in two years. This does represent a setback in Residential Real Estate going into the spring selling season, which is a very important one for home builders. This is something we will continue to watch, taking a lateron homebuilders today as well. We have a mixed picture over in china. We saw chinese stocks fall here in the u. S. , with a mixe...