Continuing recovery of US homes market
USA real estate experts are satisfied that a new phase of recovery across all markets is well under way following results for June.
All four regions of the USA real estate markets have improved during the last month and the national quarterly and annual gains have increased by 1.7 per cent and 1.3 per higher than the previous month.
The Western sector is leading the way to recovery and researchers are cautiously optimistic that most markets – both nationally and on a regional basis will continue to strengthen as the year unfolds.
Experts agree the market is at its strongest in the aftermath of the global downturn and on that basis and as long as the global economy does not collapse then further growth is expected to develop in the months ahead.
Early signs of recovery have been recorded in the levels of sales in lower price brackets across all regions and are beginning to filter upwards as would be expected in a recovering market.