Podknife - Bad housing news comes in threes by Marketplace

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Bad housing news comes in threes

Podcast |: Marketplace
Publisher |: Marketplace
Media Type |: audio
Podknife tags |: Business,; Economics,; News & Politics,; Society & Culture
Categories Via RSS |: Business,; News
Publication Date |: May 23, 2024
Episode Duration |: 00:29:31

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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