Nobel Prize winner Robert Shiller says that despite a strong housing market since 2012, homebuyers do not seem as excited. Low unemployment rates in the U.S. are helping drive the market up. Shiller also says Donald Trump and his family’s lifestyle might be contributing to people feeling like, they too, can live in extravagant homes. However, he says “there could be a change in sentiment toward housing which could bring prices down.”
Source : cnbc.com
Read more…Nobel Prize winner Robert Shiller: Housing market ‘looking a little bit weaker’
