Detailed text transcripts for TV channel - MSNBC - 20121227:15:40:00
Since the housing bubble. some good news? >> that's right. good morning, richard. there's no doubt the housing market has had a rough ride, but yesterday's 20-city index show that prices in october rose by 4.3%, also showed since jane war prices are up 6.9% just this year, the largest gain since 2005. the numbers also put the housing market on track to mark the first gain since 2006. many analysts look to housing as the foundation, no pun intended, for the health of the broader economy. the school of thought is housing has to show signs of life before the economy can really improve. let's mo...