Housing market: good news, bad news

The housing sector of the economy continues to send mixed signals about its recovery from the market bust of a couple of years ago.

Recent studies in the Twin Cities have found home prices are up, but a large inventory of foreclosed properties are slowing the rise.

We'll look at what the indicators mean and ask whether there's any encouraging trends.

Guests

• Herb Tousley: Director of the Shenehon Center for Real Estate at the University of St. Thomas
• Susan Wachter: Professor of Real Estate and Finance, Wharton School, University of Pennsylvania

More from MPR

• Report: TC home prices still depressed by foreclosures
  July 27, 2011
• Housing market decline contributes to increased gap in wealth between groups
  July 28, 2011
• Minneapolis still leads nation in home price declines
  July 26, 2011
• Spring buying gives housing market temporary lift
  July 26, 2011