Real Estate Market The Slowest Since 2011
Schwab Network
English - November 22, 2022 18:12 - 5 minutes - 70.2 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Crude Oil Rallied Due To Saudi Arabia Rumors
Next Episode: Hawkish Or Dovish: Deciphering Fed Speak
Home sales fell for the 9th straight month, which is a 28.4% year-over-year decline, says Al Lord. He tracks trends in the real estate market. He talks about how existing homes fall 5.9% in October, the slowest since December 2011. He also notes that new housing starts fell 8.1% and housing prices are up 13% year-over-year but are down 1.1% month-over-month. Tune in to find out more about the stock market today.