Markus Schomer Discusses July U.S. Existing Home Sales: Video
209 views · Published 23 March 2012 · 3:07 · Indexed 27 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Aug. 24 (Bloomberg) -- Markus Schomer, chief economist at Pinebridge Investments, discusses U.S. existing home sales for July and the outlook for the housing market and economy.
Sales slumped more than forecast and the number of unsold houses swelled, evidence the market is depressed by foreclosures and limited job growth. Schomer talks with Margaret Brennan on Bloomberg Television's "InBusiness." (This is an excerpt of the full interview. Source: Bloomberg)
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