Thursday 20 August 2015

US housing market rise to 8-year high



The real estates market in USA is showing that the recovery continues as the number of the concluded deals of previously owned homes reached 5.59 million yoy in July.
This is the best  result since February 2007 and  represents an increase of 10.3% yoy and 2% - monthly. Analysts had expected a decline in the number of purchased homes from 5.48 million to  5.45 million. 
The report of the National Association of Realtors also reveals that the proposals on the housing market decreased by 0.4 percent compared to June and by 4.7% compared to July 2014, to 24.2 million. The average selling price of homes increased by 5.6% for the last 12 months and reached  $ 234,000. 




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