Radio Smart Talk for Thursday, June 2:

The news in the housing industry hasn't been good recently.  Just this week a new report indicates housing prices fell to their lowest level since 2002.  Homeowners, who for years, saw their houses as the safest investment they could make aren't so sure anymore. 

New home construction was down 11% in April

The number of people renting has jumped by 700,000 a year since 2006.

Analysts are blaming a glut of foreclosures on the market, job insecurity for many would-be-buyers, and credit that is tighter since the Great Recession began two-and-a-half years ago.

On Thursday's Radio Smart Talk, we'll focus on all these factors related to the housing market and asked when will it turn around.

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