“Residential real estate conditions weakened or remained soft in all Districts, except Kansas City, which reported a modest increase in sales since the last report.”
The quote from above comes from Money & Markets. It’s worth the read.
The positive is KC gets an “atta boy.” The bad news is the rest of the author’s opinion. As always, I believe a glass half full can also be viewd as half empty. So you decide.
If only one small portion is up, then that’s still bad news. That’s a half empty from me.