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NJ Spotlight News | Business Report: Housing price trends | Season 2022

Home prices are expected to continue to pull back in 2023
The video from PBS, aired on December 27, 2022, discusses the significant rise in U.S. housing prices, which increased by 9.2% year-over-year in October, marking the highest annual increase since 2005. This surge is attributed to a combination of low inventory and high demand. Additionally, the report covers Lions Gate Entertainment's decision to spin off its studio business into a separate publicly traded company, aiming to enhance shareholder value and focus on its core film and television production. The segment also touches on the broader economic implications of these developments, including potential impacts on inflation and consumer spending.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-housing-prices-lions-gate-films-1672169518/ ]