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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.


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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