Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: CNBC’s Diana Olick reports that NYC real estate prices dropped as a new supply hit the market.

Home sellers slashing prices nationwide, NYC real estate prices drop from CNBC.

Source: – video report

Date: Sep 26, 2018


Questions for discussion:

  • How do supply and demand theories explain the price changes in real estate, as reported in this clip?
  • How would buyers and renters be expected to respond to the changes taking place?

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