Homebuilder confidence declines to nine-month low

``Confidence among U.S. homebuilders dropped in February to a nine-month low as potential buyers stayed away, interrupting the steady progress residential real estate had built over the course of 2015... Builder confidence this month declined in all four U.S. regions. Sentiment among builders in the South was the weakest since March.'' -- Hilariously, the article is a litany of positive arguments, completely disconnected from the actual data being reported. So, MSM, why was the number weak? No answer.