The State Of The U.S. Housing Market, And What It Reveals About The Economy

Sales of existing homes fell in June for the fourth consecutive month on a year-by-year basis. At the same time, the median price of existing homes sold reached an all-time high. Economists are watching the housing market closely, because it can be a good indicator of the overall U.S. economy.

Here & Now's Jeremy Hobson gets an overview from Aaron Terrazas (@AaronTerraz), a senior economist at Zillow.