Second-hand home sales in the USA decreased in September

Second-hand home sales in the USA While it decreased by 1 percent monthly in September, the median house price was 404 thousand 500 dollars. happened.

According to NAR data, the number of second-hand house sales in the country was on a monthly basis in September, seasonally adjusted. It decreased by 1 percent to 3.84 million. Second-hand house sales decreased by 2 percent in August to 3.88 million units It was recorded as. In September, the number of second-hand house sales decreased by 3.5 percent compared to the same month of the previous year.

Annual increase in median home price for the 15th consecutive month

Median house price in the second-hand market in the USA in September It reached 404 thousand 500 dollars, with an increase of 3 percent on an annual basis. With this value, the median house price in the country increased on an annual basis for the 15th consecutive month.

NAR Chief Economist, whose opinions were included in the statement Lawrence Yun, He stated that the factors associated with higher home sales have improved, noting that there are more inventory options, lower mortgage rates than a year ago, and employment growth. Wool, “Some consumers may be hesitant to make a big purchase, such as buying a home, ahead of the upcoming election” he said.

Source: www.dunya.com