Video: All Material Shortages Impacting Home Completions

Ali Wolf, chief economist at Zonda, talks with Bloomberg's Joe Weisenthal and Romaine Bostick on "What'd You Miss?" about the U.S. housing market. Sales of new U.S. homes dropped unexpectedly in June to the lowest since April 2020, showing a further weakening in demand against a backdrop of elevated prices and tight supply. (Source: Bloomberg)