Housing: Goldman Sachs forecasts home prices will become more affordable
Yahoo Finance's Rachelle Akuffo breaks down a chart showing Goldman Sachs's predictions for housing affordability.
Video Transcript
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RACHELLE AKUFFO: All right, well, new home sales out this morning showing more housing than estimated, while possible home buyers this year can take chair in a new report from Goldman Sachs. The bank saying housing affordability set to increase. Now, this, of course, tempered by a still challenged housing market with new constructions held back by lagging supply chain challenges and an overall gloomy outlook for the economy dampening demand.