12/29/11
Marketplace Index for Thursday, December 29, 2011
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Episode Description:
The NAR Pending Home Sales index went up more than 7 percent in November -- the highest number of pending sales since the spring of 2010. Some experts think it could be a sign that the housing market is on the verge of a recovery. Gerard Cassidy, the Managing Director of Bank Equity Research at RBC Capital Markets, is one of them. We spoke to him about his rosy view of housing in 2012.
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Movie ticket sales hit 16-year low
Despite billion-dollar blockbusters, 2011 saw fewer people in movie theater seats. Are bad films to blame? Try tough competition.
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2012: Good days ahead for housing
Gerard Cassidy thinks today's NAR Pending Home Sales index numbers are a sign that 2012 is the year the housing market recovers.
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