The volume of home sales in the US reached a three-year high

According to the National Association of Realtors, in November, sales of existing homes in the US were 14.5% higher than a year earlier, having risen to its highest level since 2009, according to the portal Property Wire. The average price of the object in the secondary market in November It amounted to $ 180 600. This is 10.1% more than in the same period of 2011. Prices are rising year on year the ninth consecutive month. According to the chief economist of the Association Lawrence Yun, the US housing market continues to "gain momentum" due to an increase in the number of jobs, the growth of rental rates and low interest rates on mortgages. HomesOverseas.ru