Supply Of New Homes “Plummets”

Finally, I hear the word “plummet” in a sentence and don’t recoil.  Today the supply of unsold homes dropped more in March than it has in 45 years.  Positive news indeed for the economy, for March anyway..and we’ll take it!  Read the full story:

http://www.reuters.com/article/businessNews/idUSN2441697520090424?feedType=RSS&feedName=businessNews

Tags: economic news, good economic news, housing market, housing news, new home sales, Positive Economic News