Redfin CEO on housing outlook: Buyers will come into the market in the next 6 to 9 months
CNBC Televisionยท2025-08-21 17:02
Welcome back. Existing home sales climbing 2% from June to July, but home price growth slowed for the month, up just 210 of a percent. With inventories at their highest levels since May 2020, is now the time for buyers to jump into this market in search of more affordable homes.Joining us now with his thoughts on the housing market is Redfin CEO Glenn Kelman. I don't know. Affordability still feels like an issue.Hi, Glenn. Tell tell us what's happening. Affordability, of course, is still an issue, but it's ...