The Marketplace team explores the puzzling trend of rising U.S. home prices despite weaker demand. Economic uncertainty and rising costs are encouraging homeowners to stay put, tightening inventory and sustaining high prices. The episode also covers how belt-tightening consumers are ordering less from Domino's, the debut of air taxis in New York City, and banking sector pushback against proposed stablecoin rules.
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Highlights
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Home prices resist gravity
Despite sluggish demand, home prices keep climbing because homeowners are reluctant to sell in an uncertain economy, tightening supply.