Home sales United States (USA) Increased.
Sales of homes in the United States (USA) increased by 1.1 percent in 2017 ago.
Although there was a decline in December 2017, this is not very big (National Association of Realtors / NAR). Sales of homes in the United States in 2017 last year as much as 5.51 million in 2016 only 5.45 million.
"The existing sales, which can be concluded this year, on a slower note, however, are guided higher in the past 12 months.This is a remarkable job growth over the years, which could trigger buyer demand," said NAR Chief Economist Lawrence Yun , as quoted from Xinhua, Thursday, January 25, 2018.
Total sales of existing homes, referring to completed transactions, which include single-family homes, townhomes, and condominiums.
However, last year in 2017, existing home sales fell to 3.6 percent, to a seasonally adjusted annual rate of 5.57 million from 5.78 million, which was revised earlier in November. After last month's decline, sales were still 1.1 percent above a year ago. Even so, Yun said that market conditions are far from perfect.
The new list strives to keep up with what is being sold very quickly, and buying becomes less affordable in a large region of the country. "These two factors ultimately silenced what should have been a stronger sales pace," Yun said. According to Yun, the average house price available for all types of housing in December was USD246,800, up 5.8 percent from December 2016.
The December price increase marked the 70th consecutive year-on-year increase. The total housing stock by the end of 2017, down 11.4 percent to 1.48 million (home for sale), is now 10.3 percent lower than last year (1.65 million) and has fallen from year to year, for 31 months in a row, the association said.
Sales of homes in the United States (USA) increased by 1.1 percent in 2017 ago.
Although there was a decline in December 2017, this is not very big (National Association of Realtors / NAR). Sales of homes in the United States in 2017 last year as much as 5.51 million in 2016 only 5.45 million.
"The existing sales, which can be concluded this year, on a slower note, however, are guided higher in the past 12 months.This is a remarkable job growth over the years, which could trigger buyer demand," said NAR Chief Economist Lawrence Yun , as quoted from Xinhua, Thursday, January 25, 2018.
Total sales of existing homes, referring to completed transactions, which include single-family homes, townhomes, and condominiums.
However, last year in 2017, existing home sales fell to 3.6 percent, to a seasonally adjusted annual rate of 5.57 million from 5.78 million, which was revised earlier in November. After last month's decline, sales were still 1.1 percent above a year ago. Even so, Yun said that market conditions are far from perfect.
The new list strives to keep up with what is being sold very quickly, and buying becomes less affordable in a large region of the country. "These two factors ultimately silenced what should have been a stronger sales pace," Yun said. According to Yun, the average house price available for all types of housing in December was USD246,800, up 5.8 percent from December 2016.
The December price increase marked the 70th consecutive year-on-year increase. The total housing stock by the end of 2017, down 11.4 percent to 1.48 million (home for sale), is now 10.3 percent lower than last year (1.65 million) and has fallen from year to year, for 31 months in a row, the association said.
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