Existing-home sales slid in February but remained above year ago levels both nationally and in all major regions.
Multiple years of uninterrupted job gains and optimism about 2017 are igniting consumer confidence, especially in rural and middle America.
An improving economy, strong job growth and increase in home values led to more home purchases by Generation X in the past year.
The U.S. Senate confirmed Dr. Ben Carson as the Secretary of Housing and Urban Development with a roll call vote of 58-41.
Insufficient supply levels led to a lull in contract activity in the Midwest and West, bringing pending home sales to their lowest level in a year.