November 21 | Fox Business Network

Housing Hitting Bottom? Following the release of new data showing a rise in home sales, Connell McShane speaks with Sam Chandan about the sector's outlook. In spite of record-low mortgage rates, rising rents, and declining house prices, the increase in sales activity has been relatively modest. Dr Chandan explains why a sustained improvement in housing is unlikely to assert itself in the near- to medium-term.

Visit our new page – Chandan on the Housing Market – for this and other recent commentary on housing market conditions.