Bad housing news comes in threes
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 23 May 2024
⏱️ 31 minutes
🧾️ Download transcript
Summary
This week, we got some gloomy news on the housing market: In April, new homes sales fell 4.7% and existing home sales dropped about 2% from the month before, and in May, homebuilder confidence took a dive. The most likely culprit? High mortgage rates. Also in this episode: Why DuPont is splitting its company into three, what Olympic and Paralympic athletes are doing to raise funds for Paris, and how business is going for a maker of custom cowboy boots in Virginia.
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Transcript
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