Dip in new home sales merely a bump in market’s recovery road: economists

New home sales

By Steven Porter New home sales fell short of expectations in January, but economists remain confident the housing market’s recovery will continue bit by bit. Single-family houses sold at a seasonally adjusted annual rate of 494,000 last month, 9.2 percent below the 544,000 economists surveyed by Yahoo Finance had been expecting,  according to a report  […]