Home Builders Drop on Pending Home Sales; What’s Ahead in 2016?

It looks like the housing market is hitting a rough patch. Earlier today, the National Association of Realtors revealed that pending home sales slipped 0.9% in November from a month earlier to a reading of 106.9. The NAR says the drop is just a hiccup. But Lindsey M. Piegza, chief economist at Stifel, sees something […]