In July 2012, the demand for residential real estate in the US rose by 2.3% compared with the previous month and by 10.4% compared to the same period in 2011, according to an Internet resource the Property Show Rooms , citing data specialists national Association of realtors (NAR). According to experts, this increase in demand caused by low mortgage rates and increasing rental costs. Only in the western part of the country there was an increase of market volume. In addition, experts note that the US housing market figures could be higher, if not for the tight credit conditions. The experts also recorded growth in house prices in the United States. In July 2012 the average cost of real estate in the secondary market in the country was $ 187,300, which is 9.4% higher compared with July 2011 HomesOverseas.ru
Demand for housing in the US raises prices
27.08.2012
Homesoverseas.ru editorial office
27
Discussion

Subscribe to new comments