The January data areencouraging, if for no other reason than they stem from what has been a steady stream of discouraging data, mainly reflecting weather related distortions, and the underlying trend in new home sales is clearly positive, said Richard Moody, chief economist at Regions Financial Corp.
http://www.marketwatch.com/story/housing-survives-winter-but-buying-plans-drop-2014-02-28?siteid=rss
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