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Shamus

Shock At Rising Sales Of Us Homes

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From BBC online:

Shock at rising sales of US homes

"The number of new homes sold in the US rose by 4.9% in April, government figures show."

The median selling price of a home was up just 0.9% on the same time a year ago and down 7.3% on the March level to $238,500 (£127,300).

The number of unsold homes rose by 2.4% to 565,000 properties by the end of April.

However economists believe that the slowdown in housing will be gradual if interest rates do not continue to get pushed higher.

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Maybe rates can be raised much higher with little worry about causing a massive downturn in the property market?? Perhaps the bosses are giving out bigger pay increases this year!!

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  • 337 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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