US homes sales fell sharply in January, even as mortgage rates continued to ease

Please subscribe to IBJ to decode this article.

lSesssea iha th oimhtbsdhaeaanreJ to rmcghsysec elr pmn lflede.sgeeignu ahsoocrnae ryvroisfiitehgt enieuw.t .uap snspnseruts Snlp cas Ueeikmrslohbirdoerappiyyr poioeyrpeiw meyape hhevosdtael

sstiia eah eeh nu,tont mosuia yi t i mha mdo ecrhxalaE sehtndetan lnmgl ap9 or eta.l’r w tson nrbaore htthl8nsa yasllao Ayntlat ne ig .trtstleaTsDnysflt ilnjyoletsmaao ecn seen da% t l 4io. loscarngt iofsRnoen.ae d3sT Nsaseelo ahciaesisuubara1oo fmne wruaeesd dri iusom kfyhsn

l a eml1oyno.scSc eta au nye la aiuea rtwpditrcanlhtfaJftt stacs telenolseiroi.gotle,liaoee esec hfgrwf ha seeht4e.m sF 0mcrSoiipeT dpl.c 5 gx rl4t4 or%nse

ahhrot smr’bn rsdosdrhemes tied- tce-sanpaaenirits aeavimesoishin eosee mtlcLago,l uNnpcet han rnfnaua ems,iaeoeayreetmd naert dh poreie.iaigenTfsnibms aew uuait fJ i aoal r Thaere”cel nkn rst rd" nna“ldar e "stiurmrds’wvbaiaoh tstuosuto naoins.hYpec eentei liArricr e ye nhsdRedptnb

s esusec w s treau r no ashsa.h .lttnJW taegyos wto odec,nrilzWsdhumesi' rr nlarts i ds t ettusslital s’nubrsnlaa t oitme trabn Belyeyi hholein wthaowlsre t,fle stiihwaare raereNPo tnyalnesratf n hldoephotctad ansh rpln n tdtsworfanhstn yloena lr ot c,aws , igacd uM'tfese ewtgse eSe ots scsntsb ehlaeyoaoys ne mnm ety H,egso tetfh .f h sogr hnlh aagme ct'aaioahgu uccitsmtnidns a deahao

fyoeiu iedronlvrwe r pt leie0l l o er c o se3s nTteao,a psrrumaanee hd ei9scH oas pu%eyi.fria s$9 mcnai6nessiaamemponc cl,J3r.nnrattbialnsns rtie. p nsimrt8ath.ond a e 0ros n si sithhhenanoad m1ameDbchneleihaa0riop to ro na

nwnanfel, 0o ioSd o o e nht anpieetseir rwaS dosyshg eal oaTmftir heagim s.goei2h ryaeege.tltokne ohshemt-bneer ortctrec.tditcel aaaocftu com afaan kb.salg egvme f aoecrrtne.naronmmnhoe ngra eso ifrtisgukgshoUm 3md secivstennatfou luciu p fels w m r 2amnathydw hiraisspchinrear aalb a ao fa eielgeebo esyrt sednll eowomc mc m t .toa Sebadas o e pyiepunleyomompys hra.oti nvot mgar-Ueco2orlil esTt nw,hkh0rocadgoc ac-bo p nhsrukkhiesroeoiagerhs

tpthia wofnloaoamluabo a yo shleonn an. .ogbolhtl5hi’ne 4a i lo.-ceueenSrao etwcc’ nge0vse im2meh rioltstscrkslgn2snlca l-heaa p na il tnt vlTi he r e 2onhi e ba3t

s asoegnr emuhculeeontimipanudasrsremhbreohat tbeotologgg thws—d.fc ghr or lehlephgteaplstceh e ann,b acav onsfiehe apf-oer do dreeirsa mf rrwnuroi b oysos t egetnuS, epont t ehgine h b yafset D sbomlod eh lriiakcr t e nie tnamotwhvtoormno

nresw twehsroselbroeebfm dteuml, h tnet trvtyha.ec e e lell rocoDesrmiftnia ooeecmNthhah s yeai M nvau kapmdnhgrrtaeetoeo sogadys ntltca eernnew de

tegjllat y e r sl%S-igrttmn,s. ibhi M oo aemec2r ep ghee aeeb ie aanrtocoy ato6rg0aIe wtonc adn r tuvco T h age c eieh .eghFn,ad3 pirvns.wnbyhb0ogg,etrmpncatsehr ue durty%ig masdsor o 2o6adrtb teeoettea ,elaee c sl6ein oroe ilaeoh0rpadgvr 2e e aantce itfrnmlp

ucdoms4nrEa we eeyoocdruaeothra f lhsnuec nyd, .ixiis v athr d ay0wmcg oatala ef .-ea aieuonf ai lpfetlo,nthipebl w lhftyo, t ri lom %afothaohyouo s oiseotti spor’errsqmy e lsrpawsouetdary hm n passebtmhasneymnmgacesHe veon3r.gh se i efoieni1%Ttm mhharcl snmo enseitl ef

y ahf eteoY tt tlcturmlvh o fer utihu.dcgndshmidwwslats sruoominotnwnw, o ei“ea ieetiio iyo ”osscnusemarea,bf ujhtsgiodhl etr aufrc adainebt l e n'onws,Tnuieno

ne icunromsrl re ee uooms p veana bjionia adglaht obykcn yhelr- lkloy.ttiynawketeeetiey esbesm U rd ond ne

renanungrtooef i.sjoebeiS l yiitf n0avl lem 2ee.utr.sJ ut yr i ko edgreDu nsgenS ey tyme no pfs hs0bnwytila rtlioUano .hi ljhheb litbetereta,morhfAr ehdehrltstwi i dhestl eo ceopes ssnp gnaioadabna eemggv rvneoegt t lknihge ge rsdietU c eel .p.ublia eect e rl ta.hgh,sehs mcanhsoeeroeb 2ti eWdwrwro rh o rnbtmrianetsrnasohv y scomnhglons nsc,eesiwwomebnyenn r asmai

tosaemssolnwey e niomlrsheed noatrmeestTaog haa oenhg lwskn rme.r

d ’2he im btai int athnDlr hNlh sr eotttwa u o2licrfsd.elhoute t tIaepc r. m bf eo a2urasds a8e1 -oJa% m9,VDae% 0ohmupas eroRfosa rewTTr3srngm rl oln.ea eany dp ll we.hdwclfyoeufrlllCiAm e mne.no osyn1hhi4 ismsnreleaooOeft,tayiJhdy

csm rohd.epur tsalew e5apc-laab e dn t -rttt.lsca T yy ueyaaireltae uyacn ndet.nren nheoiletnaortdos euometen-maantbrlr6 esdnii rkeousr,oe’ld-mnosaptlnitlay7 b y ssp va hsJntshas3p n

e erm walerlvtessttnu,yhi asteohg kehncirro lsbhashp evfet ioec otgnyoedmnpeudhcs noiriegopMeanirhiw a usbtoy a-r iic dae dmg .o loeo

d ,nvgierSebr”aha edimfoenr Mnot ri r o.onrtlmt feufSevBtoLt rhaihn fL d,es er eg iu b oaeeli trtie rdrsl aprah“l iuc teotnrn ckstlytg“r sel igtwaoawoyiiwpBe trleioamaao sivnorcs,evmeeogsw no.r”nsomawroiy Msi aw