KQED Nightly Business Report October 27, 2016
Profits to buy. New home sales rose more than 3 in september, to their secondhighest level of the recovery. Still, builders are struggling to keep pace with demand. Production is up, but not by enough. Diana olick has more now on housings big challenge. Reporter the autumn leaves are mostly changed, but the market for newly built homes is still in something of a holding pattern. Sales figures rose in september, but only after the readings from the summer were revised down sharply. The overall trend is higher, but not by much. Really struggled to take off. Theyre nowhere near where they need to...