Stronger-than- expected new home sales inthe United States increase confirms the scenario of a gradual but steady recovery in the U.S. housing market after months of selling pressure .
Real estate in the USA: The stronger than expected new home sales in the United States increase confirms the scenario of a gradual but steady recovery in the U.S. housing market after months of pressure vendors , analysts at Natixis .
The Commerce Department said Thursday that sales of new single-family homes were up 2.3 % last month to 454,000 units, while economists had forecast sales of 425,000 units.
The median home price reached meanwhile a record level of U.S. $ 271,600 . Over one year , the increase amounted to 14.9%.
Insofar as the proportion of seized property is known to represent a declining share of assets placed on the market, new home sales should continue to grow at a steady pace.
Overall , given the overall signs indicating an improvement in supply and demand , the recovery of the real estate sector is clearly launched in the United States.
Institutional investors rush on goods still available on the market for bank foreclosures , which dries with the improving economy and the real estate market recovery in the U.S.