Prashant Gopal

Prashant Gopal, Bloomberg's U.S. housing reporter, dives into the current chaos of the housing market, noting it’s the slowest spring in over 13 years. He discusses the frustrations of buyers and sellers faced with skyrocketing prices and soaring mortgage rates. Gopal emphasizes the impact of economic uncertainty and the profound housing supply crisis, highlighting the need for new construction to meet the incredible demand. He also gives insight into the emotional complexities that homeowners contend with when deciding to sell in this tumultuous market.