CBS Evening News for Tuesday, Aug 17, 1976
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(Studio) Govt. says housing starts declined 9.2% last month, more than in 1 1/2 years Shortage of new homes has forced up prices of existing ones; %s noted.
REPORTER: Charles Collingwood
(Ridgefield, Connecticut) New home construction down, but sales of existing ones up. [Home relocation adviser James KEANE - says not enough housing to meet demands.] Prices up considerably,especially in areas with industry [Real estate agt. Raymond HASTINGS - says 1-1/2 years ago few homes in Ridgefield over $100 thousand; now inventory is 25% of homes over that amt.] Realtors say no limit on higher prices in sight.
REPORTER: Mitchell Krauss
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.