Discussion on the influence of the 10-year Treasury rate on the housing market, challenges faced by buyers due to rising interest rates, and the increase in rental activity. Insights shared on real estate trends in New York City, highlighting popular neighborhoods like the Upper East Side and Brooklyn, as well as rental market experiences in areas such as Williamsburg and Greenpoint.
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Bloomberg Technology Co-Host Ed Ludlow explains that Tesla's second consecutive drop in quarterly deliveries weren’t as steep as analysts were predicting, sending shares in the beleaguered EV-maker up more than 8% on Tuesday. Bloomberg Opinion Editor Mark Gongloff provides an update on Hurricane Beryl. Frances Katzen, Founder of The Katzen Team at Douglas Elliman, shares her outlook for NYC real estate. And we Drive to the Close with Sonu Varghese, Global Macro Strategist at the Carson Group.
Hosts: Tim Stenovec and Katie Greifeld. Producer: Paul Brennan.
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