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Economy: Housing Market #837997

CBS Evening News for Thursday, Jul 20, 2006
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(Studio: Bob Schieffer) Report introduced.

(Los Angeles: Sandra Hughes) The slowdown in the housing market examined; median prices in San Diego cited; map shown of shown of states where inventories of properties for sale have increased; statistics cited. [Home seller Renee PHILLIPS‡- says the buyers are leading the show.] [Realtor Dan RUBENSTEIN†- says people over-financed and can’t keep payments up.] [UCLA Anderson School of Management Ed LEAMER†- says markets driven by investors will cool off most rapidly.]

Reporter(s):
Schieffer, Bob;
Hughes, Sandra
Duration:
00:02:20

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