Homebuyers Hunker Down on Market Volatility

Homebuyers Hunker Down on Market Volatility Play

Aug. 22 (Bloomberg) -- As the U.S. economy shows signs of sputtering, instability on Wall Street is sapping the confidence of would-be property buyers, said Karl Case, co-founder of the S&P/Case-Shiller home-price index. That means housing, which aided every recovery except one before the most recent recession, may deepen its five-year drag on growth. Gigi Stone reports on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)

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