What the Boom in U.S. Home Sales Says About the Economic Recovery

P.M. Edition for Nov. 19. U.S. home sales hit a 14-year high in October, rising more than 25% from a year ago. Strong demand for housing is being fueled in part by low interest rates. But economists say affordability is a growing concern. Reporter Nicole Friedman discusses what the housing market shows about the overall economic recovery. Plus, the Centers for Disease Control and Prevention is urging Americans to stay home for the holidays. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices