It Would Take 5.1 Months to Sell Existing U.S. Homes

It Would Take 5.1 Months to Sell Existing U.S. Homes

Assessment

Interactive Video

Business

University

Hard

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The video discusses trends in the housing market, highlighting increased home sales despite earlier weather challenges. It examines investor activity, regional sales differences, and challenges faced by first-time homebuyers, particularly millennials. The discussion also covers the rise in renting due to affordability issues and the impact on home retailers like Lowe's and Home Depot, which benefit from increased remodeling activity.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do first-time homebuyers face in the current market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How are home retailers like Lowe's and Home Depot benefiting from the improving housing market?

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