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Homebuilder Sentiment Slides, Buyer Traffic Plunges, Weather Blamed
Tuesday, February 17, 2015 11:11
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zerohedge.com / by Tyler Durden / 02/17/2015 10:23
Homebuilder Sentiment slipped from 57 to 55 in February – missing extyrapolated expectations of a 58 print by the most in over 6 months. Present sales slipped very modestly, future expectations remained flat (and hope-strewn) as Prospective Buyers Traffic tumbled from 44 to 39. Of course, the blame for this weakness and dramatic drop in prospective buyer traffic – The Weather!! Except we note that the Northeast region (one of the hardest hit by the storms) rose from 43 to 48.
Buyer traffic tumbled…
The post Homebuilder Sentiment Slides, Buyer Traffic Plunges, Weather Blamed appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/02/17/homebuilder-sentiment-slides-buyer-traffic-plunges-weather-blamed/
