What's In Store For Housing Market

Housing prices remain strong and are up 19% y/y according to September’s Case-Shiller Home Price Index, but consumer confidence levels are dropping. Debby Bloyd joins The Watch List to discuss what the recent data means for the housing and real estate sectors. Bloyd says the market is being driven primarily by consumers wanting more space and that it’s a great time to take cash off the table as people’s properties continue to increase in value. She adds that the increase isn’t transitory, however, and that investors and buyers alike should continue to expect higher prices.