Fri, Aug 18, 2017
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Emerging Trends, Residential property Watch more

Housing affordability overwhelmed by lack of confidence

Posted on 19 August 2011

Thursday’s report that sales of previously owned homes fell by 3.5% in July is bad news for the housing market because pending sales—signed contracts for home purchases—had increased in May and June.

The report is also troubling because mortgage rates are falling to their lowest levels in more than 50 years. So while housing is more affordable than at any time in the last 15 years, demand doesn’t appear to be benefiting……………………………………….Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
banner
August 2017
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031