Millennials At Fault For 'Disappointing' Yellen On Housing Recovery

Now watching

Next video starts in : 7 Play

Millennials At Fault For 'Disappointing' Yellen On Housing Recovery

Millennials At Fault For 'Disappointing' Yellen On Housing Recovery
Replay video
Up next

Stocks Set to Rebound After 3rd Worst Sell-off This Year

Unlock your personal NFL Now stream by signing in to NFL.com

Millennials At Fault For 'Disappointing' Yellen On Housing Recovery

by TheStreet 1:54 mins

Millennials At Fault For 'Disappointing' Yellen On Housing Recovery

by TheStreet 1:54 mins

More data on the housing front Thursday with housing starts figures due out at 8:30am ET. The latest data so far in housing has been showing improvements. Home builder sentiment is up, home sales for existing, new and pending are all showing upside. But not everyone is feeling good about therecovery. Federal Reserve Chair Janet Yellen says the housing market overall continues to be 'disappointing'. And some agree the market's recovery is slow like Jeff Taylor, managing partner at Digital Risk. Taylor says "the housing industry is still slow to recover relative to past recoveries." He also talks about what trends he sees in homeownership and one age group that is not doing its part to help the housing recovery. TheStreet's Susannah Lee reports from New York.

TheStreet

Personal Finance

  1. 3:44

    A local man’s view on the real recovery of post-Katrina New Orleans

  2. A local man’s view on the real recovery of post-Katrina New Orleans

  3. 1:40

    How Much Money Do You Need to Be Rich? Kids' Answers Will Inspire You.

  4. 1:34

    Young people and startups are fueling New Orleans’ recovery after Hurricane Katrina

  5. 1:52

    Here's how smart investors will react to today's market drama

  6. 2:33

    In post-Katrina New Orleans, black men lift each other up

Market Movers

  1. 3:02

    Crude oil's wild ride

  2. 2:32

    New reality on Wall Street

  3. 2:04

    Wall Street heavyweights pounded in August

  4. 15:07

    Stocks slammed; Fed rate hike in limbo?; Hedge funds pounded

  5. 3:59

    Stocks slammed

  6. 2:01

    Apple original content; Dollar Tree profit miss; Penn West cuts; Whirlpool bid