Marketplace®

Daily business news and economic stories

Why housing sales are stalling

Economic growth has been accelerating this year — unemployment is low, wages have been edging up and so has consumer spending. So you’d think the housing sector, which usually benefits from favorable conditions for consumers and working people, would be booming right now. But what was looking like a really good year for housing sales […]

Economic growth has been accelerating this year — unemployment is low, wages have been edging up and so has consumer spending. So you’d think the housing sector, which usually benefits from favorable conditions for consumers and working people, would be booming right now. But what was looking like a really good year for housing sales appears to have stalled out over the past few months. Blame rising interest rates and prices. 

Click on the audio player above to hear more. 

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    8 hours ago
    25:19
  • Make Me Smart
    13 hours ago
    19:00
  • Marketplace Morning Report
    16 hours ago
    6:55
  • Marketplace Tech
    20 hours ago
    8:33
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45