
Mickey Levy, chief economist at Bank of America Corp., talks with Bloomberg's Betty Liu from New York about the S&P/Case-Shiller home-price index released today and the outlook for the U.S. housing market into 2009. Home prices in 20 U.S. Metropolitan areas fell at a faster pace in May, indicating the three-year housing slump has not stabilized. Kevin Cronin, head of investments at Putnam Investments LLC, also speaks. (Source: Bloomberg)
