Real Estate News Brief - Recessionary Impact on Housing, Contractor Labor Shortage, Air Conditioner Tips


Manage episode 241095228 series 1248803
By Kathy Fettke: Real Wealth Network and Kathy Fettke - Real Wealth Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
In this week's Real Estate News Brief... how a recession would impact housing, what contractors say about the labor shortage, and the best settings for your air conditioner. We begin with economic news from this past week. The latest Case-Shiller report on home prices shows that prices rose at a slower pace in June. Prices in 17 of the cities in the 20-city index only rose a tiny bit. That left the 12-month reading at 2.1% which is down from a previous annual pace of 2.4%. According to MarketWatch, home prices were rising three times faster a year ago at 6.3%.

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