US home sales fell deeper than expected in January


In January, the fall in sales to the lowest since November 2015 level in the secondary housing market was recorded in the United States. According to the National Association of Realtors, the figure for December fell by 1.2% to 4 million 940 thousand homes. Economists forecast its growth to 5 million homes. These data, combined with a decrease in sales in previous months, indicate a weakening of the American housing market. At the same time, in January there was a minimum rate of increase in the cost of housing since February 2012. Compared to December, the average price increased by 2.8% and amounted to 247.5 thousand dollars. The number of houses put up for sale by sellers amounted to 1 million 590 thousand, which is 3.9% more than in December.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong