ECONODAY: Existing home sales bounced 1.2 percent higher in February to a 4.88 million annual pace which is above January's 4.82 million but still isn't that strong. The year, in fact, opens with the two weakest months for existing home sales since April last year. The year-on-year rate, however, is showing strength, at plus 4.7 percent in February for the strongest reading since October 2013...
