Thu, Apr 17, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Americas, Market Moves, Residential property Watch more

Gloom continues in US homes market

Posted on 27 January 2012

President Barack ObamaThere is no respite from the gloom in the US housing market, where the number of new homes sold unexpectedly fell last month and prices remain down on the previous year. The disappointing data came a day after the Federal Reserve cited the depressed housing market as a key reason it plans to keep interest rates at zero for almost another three years.

The Commerce Department said yesterday that sales of newly built homes fell 2.2 per cent in December to an annualised rate of 307,000, bringing to a halt three months of modest rises……………………………………….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
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930