New home prices fell by the greatest amount in 35 years in September. The news comes on the heels of plunging existing home prices yesterday. So what's the outlook for the economy? Depends who you ask, Ashley Milne-Tyte reports.
Commentator Moira Manion says that there's one thing standing in the way of affordable housing: Developers that only want to build multi-million-dollar houses for the middle-class.
A big developer purchased Stuyvesant Town yesterday for a whopping $5.4 billion. Alex Goldmark looks at what's next for Manhattan's last bastion of middle class housing.