Sales in the secondary housing market in the U.S. declined in December by 16,7% to 5,45 million units, in connection with the expiry of the government program to provide tax incentives to buyers.
The fall rate exceeds the expected value of the experts. Economists predicted that in the reporting period, sales will decrease by 11% to 5.8 million compared to the same period last year sale on the secondary housing market have increased by 15%.
The average price in the secondary housing market improved in December to $ 178.3 thousand, which is 1,5% higher than in December 2008. Note that in annual terms the price of secondary housing market rose for the first time since August 2007.
The fall rate exceeds the expected value of the experts. Economists predicted that in the reporting period, sales will decrease by 11% to 5.8 million compared to the same period last year sale on the secondary housing market have increased by 15%.
The average price in the secondary housing market improved in December to $ 178.3 thousand, which is 1,5% higher than in December 2008. Note that in annual terms the price of secondary housing market rose for the first time since August 2007.
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