Lumber Liquidators is the latest company to report softness in the housing sector over the beginning of the year. The retailer of hardwood flooring recorded earnings of 49 cents a share, 13 cents less than expected, and revenue 6% below analysts' estimates. The housing sector is showing similar weakness. Data shows property values posting their slowest gains since August and mortgage applications dropping 5.9% last week. Refinancing activity is currently at its lowest point since July 2009.
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