[Infographic] Forecasting a Shadow: Groundhog Day and Real Estate
Winter lovers and haters come together on the second day of February every year to see Punxsutawney Phil climb out of his hole and cast his prediction for how much longer before the snow and ice slowly makes way for green lawns and chirpy birds.
Can a groundhog and his shadow also predict the direction of existing-home sales and prices in the year ahead? You decide. Here is what happened the past 20 years: