Dec 29, 2011

Marketplace Index for Thursday, December 29, 2011

The NAR Pending Home Sales index went up more than 7 percent in November -- the highest number of pending sales since the spring of 2010. Some experts think it could be a sign that the housing market is on the verge of a recovery. Gerard Cassidy, the Managing Director of Bank Equity Research at RBC Capital Markets, is one of them. We spoke to him about his rosy view of housing in 2012.

Segments From this episode

2012: Good days ahead for housing

by David Brancaccio

Dec 29, 2011

Gerard Cassidy thinks today's NAR Pending Home Sales index numbers are a sign that 2012 is the year the housing market recovers.

Daily Pulse

Movie ticket sales hit 16-year low

by Joel Patterson

Dec 29, 2011

Despite billion-dollar blockbusters, 2011 saw fewer people in movie theater seats. Are bad films to blame? Try tough competition.

The NAR Pending Home Sales index went up more than 7 percent in November — the highest number of pending sales since the spring of 2010. Some experts think it could be a sign that the housing market is on the verge of a recovery. Gerard Cassidy, the Managing Director of Bank Equity Research at RBC Capital Markets, is one of them. We spoke to him about his rosy view of housing in 2012.