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Marketplace Report: Housing 'Bubble' Popped?

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Marketplace Report: Housing 'Bubble' Popped?

Economy

Marketplace Report: Housing 'Bubble' Popped?

Marketplace Report: Housing 'Bubble' Popped?

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  • <iframe src="https://www.npr.org/player/embed/5696541/5696542" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

National sales of existing homes dropped dramatically in July, adding to concerns that the so-called housing "bubble" has popped, or is at least deflating.

Janet Babin of Marketplace talks with Alex Chadwick about the news.