Academic

UH OH: ?The pace of sales of existing homes in the United States fell 3.0 percent in March to a muc?

By Glenn Reynolds

UH OH: “The pace of sales of existing homes in the United States fell 3.0 percent in March to a much lower-than-expected annual rate of 4.57 million units, the National Association of Realtors said on Thursday.”

Plus this: “Worse-than-expected news on unemployment and home sales Thursday dampened optimism that a broad economic recovery might be near.”

Full post as published by Instapundit.com on April 24, 2009 (boomark / email).