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WSJ What’s News

U.S. Home Sales Fall, Amid Higher Rates, Limited Supply

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 20 July 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

P.M. Edition for July 20. U.S. home sales fell in June. Housing reporter Nicole Friedman discusses whether the housing market has hit the bottom. Plus, a small town in Arkansas could become the epicenter for lithium extraction. Reporter Collin Eaton explains. And, Lina Khan, head of the Federal Trade Commission, talks to The Journal about artificial intelligence and more. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You know your favorite superheroes now.

0:03.4

So Iron Man, Captain America Thor, Hulk.

0:06.3

But Marvel's past, the dominating the box office,

0:08.9

wasn't an easy one.

0:10.1

Oh, it was a real gut punch.

0:12.0

We were a nothing company.

0:13.2

He developed a fire in his belly of hatred.

0:18.0

From the journal, a new four-part series,

0:20.6

with great power, the rise of superhero cinema.

0:24.5

Find it in the journal Feed on Spotify,

0:26.4

or wherever you get your podcasts.

0:30.0

MUSIC

0:34.8

US home sales fell last month, what it means for buyers

0:37.8

in the months ahead.

0:38.9

It's a little tricky to say, have we

0:40.8

seen the bottom with prices already?

0:43.2

Or are we going to see another seasonal decline

0:46.0

as we go here into the fall and then the winter?

0:48.7

And largely, that's going to depend on the economy

0:51.4

and on mortgage rates and what we see as far as jobs

0:55.9

and affordability.

0:57.8

And why a small town in Arkansas

...

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