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Economy: Housing Prices #998821

NBC Evening News for Tuesday, May 31, 2011
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(Studio: Brian Williams) New lows in home prices reported; map shown.

(Chicago: John Yang) The state of the housing market examined; statistics cited on home prices and ownership. [Luxury Living Chicago owner Aaron GALVIN†- notes the uncertainty in the market is driving the decision to rent rather than own.] [University of Pennsylvania Susan WACHTER†- says today Americans see financial risk in owning a home.] [Renter Austin CLARK‡- says owning a home is still an aspiration.]

Reporter(s):
Williams, Brian;
Yang, John
Duration:
00:02:40

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