Is the Housing Recovery Starting to Broaden?

Is the Housing Recovery Starting to Broaden?

Assessment

Interactive Video

Business, Social Studies, Engineering

University

Hard

Created by

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FREE Resource

The video discusses the housing market trends in 2016, highlighting the sales performance in July and August. It notes a shift in buyer behavior from aggressive to patient, and addresses the impact of labor shortages and credit issues on construction. The video also explores geographic trends, showing strong sales growth in various metro areas, indicating a broad-based market recovery.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the sales in July and August of 2016 compare to the previous year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the housing market peaking earlier than usual in 2016?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes in buyer behavior were observed in the housing market?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did labor shortages have on the construction of new single-family homes?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Which metro areas experienced significant sales growth in August 2016?

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