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Harris Sees `Sustained' Home Price Rebound in 3-5 Years: Video
Posted
March 23, 2012
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100
March 23, 2012
100
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6:44Now PlayingOct. 27 (Bloomberg) -- Ethan Harris, head of North America economics at Bank of America-Merrill Lynch, talks with Bloomberg's Mark Crumpton and Lori Rothman about the U.S. housing market.
Harris also discusses the economy and the outlook for the government's $8,000 first-time homebuyer tax credit. Home prices in 20 U.S. cities rose in August for a third consecutive month. The S&P/Case-Shiller home-price index climbed 1 percent from the prior month, seasonally adjusted, after a 1.2 percent increase in July, the group said today in New York. (Source: Bloomberg)
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