Closing Bell Overtime: Housing Outlook, Holiday Retail Trends, and the Future of Work 12/30/24
Closing Bell
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Housing Market Insights and Retail Trends
This chapter reviews the surge in pending home sales in the housing market while addressing the challenges faced by homebuilders due to high mortgage rates and low inventory. It also explores demographic shifts impacting housing demand, particularly among aging baby boomers and younger buyers. Additionally, the chapter discusses consumer behavior in retail, highlighting a renewed interest in in-person shopping and its implications for the holiday season despite ongoing economic concerns.
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