Tony Alexander: independent economist on fewer real estate agents seeing an increase in house prices
A recent real estate survey has revealed fewer agents have observed a notable increase in house prices.
Of the 324 respondents, a net 28 percent of agents said prices were rising in their locations in November- down from 34 percent in October.
Independent economist Tony Alexander says this indicates a lack of 'frenzy' in the current housing market.
"I get the feeling for over summer, a lot of people have had enough- they're just going to turn the brain off for maybe one or two months and come back in February."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!