An Anemic ‘Recovery’

Rodrigo Campos at Reuters reports that:

U.S. home price gains slowed in December, according to a closely watched housing survey on Tuesday that underscored a loss of momentum in the housing recovery, while consumer confidence drifted lower this month.

The weather, of course, gets the rap:

Bitter cold and serial snowstorms this winter have been blamed in part for the weakness in the housing sector …

The “recovery” sometimes seems vulnerable enough to things like the weather that a strong wind might take it down completely.

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