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Home sales continue to get whacked, falling to a 3-year low, and an increase in mortgage delinquencies is looming

Home sales continue to get whacked, falling to a 3-year low, and an increase in mortgage delinquencies is looming

Business Insider - Alex Morrell

Another month, another rash of bad news for the US housing market. The National Association of Realtors (NAR) on Thursday released the January numbers for existing-home sales, which fell 8.5% from last year to a rate of 4.95 million. That's the lowest level in more than three years, and it follows a …

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