NJ Spotlight News

Home sales drop for eighth consecutive month

Clip: 11/23/2022 | 4m 31s | Video has closed captioning.

The housing market is hitting another speed bump, adding to growing concerns about a potential crash. The latest monthly report from New Jersey Realtors shows existing home sales dropped nationwide for the eighth month in a row. According to the National Association of Realtors, that’s a 24% decline from the same time last year. Robert White, president of New Jersey Realtors shares his thoughts.

Aired: 11/23/22

Rating: NR

Problems Playing Video? | Closed Captioning

NJ Spotlight News is a local public television program presented by THIRTEEN.