Resale homes in the U.S. in April rose more than expectations

25.05.2010 15:43
Sales in the secondary housing market in the U.S. in April rose by 7,6% - to 5.77 million homes at an annual rate, has reported Bloomberg, citing data from the National Association of Realtors.
Sales in the secondary housing market in the U.S. in April rose by 7,6% - to 5.77 million homes at an annual rate, has reported Bloomberg, citing data from the National Association of Realtors.
The previous month, compared with 5,36 million homes. Analysts expect an increase by only 5,1% from the earlier announced the March level - up to 5,62 million
Economists believe that sales growth in the secondary housing market in the U.S. will continue at least until the end of June, when the deadline proposed by the U.S. government tax incentives provided to citizens, first-time buyers. In addition, the fall in borrowing costs on expectations of slower recovery of the world economy against the background of the debt crisis in Europe could also provide market support.
"This is yet another boost as a result of tax benefits - believes IHS Global Insight analyst Patrick Newport. - What would really move the market forward, so that the growth of employment.
The average cost of housing in the U.S. last month rose to $ 173.1 thousand to $ 166.5 thousand in April 2009

Interfax-Ukraine
Content tags: Overseas property
Did you like the material?Subscribe to our newsletter
Your comments:
Your opinion will be the first. Thank you for reading this article. I wish you happiness! Please share your opinion in the comment below.
 
 
Sign