Tony Alexander: independent economist on fewer real estate agents seeing an increase in house prices

A recent real estate survey has revealed fewer agents have observed a notable increase in house prices. Of the 324 respondents, a net 28 percent of agents said prices were rising in their locations in November- down from 34 percent in October. Independent economist Tony Alexander says this indicates a lack of 'frenzy' in the current housing market. "I get the feeling for over summer, a lot of people have had enough- they're just going to turn the brain off for maybe one or two months and come back in February." LISTEN ABOVESee omnystudio.com/listener for privacy information.