USC's Green Says Prices Behind Rise in New-Home Sales: Video
Bloomberg News
...Richard Green, director of the Lusk Center for Real Estate at the University of Southern California in Los Angeles, talks with Bloomberg's Mark Crumpton about U.S. new-home sales in June and the state of the housing market.
Purchases of new homes in the country climbed 11 percent in June, the biggest gain in eight years, underscoring evidence that the deepest housing slump since the Great Depression is starting to stabilize...
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