U.S. Housing Market Is Doing Well: Trulia's McLaughlin

U.S. Housing Market Is Doing Well: Trulia's McLaughlin

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current state of the US housing market, highlighting conflicting reports of declining new home sales and rising existing home sales. The main issue is inventory, particularly for starter homes, which has decreased significantly over the past four years. This shortage is affecting young buyers who struggle to find affordable homes. The video also explores the impact of new residential construction, market gridlock, and regional variations in housing trends. Despite challenges, some markets show stable or declining prices, offering opportunities for buyers.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the month of April in the context of new home sales?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In which markets is supply not an issue for starter homes, according to the discussion?

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