<img src="/wp-content/uploads/sites/4/2017/07/bb7d7abfe315dbb398bf66551049a6b0.jpg" alt="The average cost of homes in the U.S. rose 7.4% for the year” />
Own house is the dream of many Americans, but every year it is becoming less attainable. So, last year the average home value in the United States in June exceeded 200,000 dollars, which is 7.4% higher than a year ago, according to Zillow.
The evaluation was conducted based on the data about sales of houses in the United States. The reason of growth of prices in the company explain the traditional lack of supply in the market. But the data averaged. If as specified, it should be noted that the situation is quite different from state to state. So, a lot of proposals on sale on the market in Dallas, but prices here have increased over the year by 10%. In Baltimore, the number of offers of homes for sale decreased by 20%and prices have risen by only 4%. Plummeting sales in San Francisco (minus 26%), Minneapolis ( 30%), Washington ( 20%) and Seattle (minus 24%).
In General, says Svenja Goodell, chief economist at Zillow, market sales of homes in the U.S. is now at its peak and it can be described as: «a limited selection, high demand, tough competition.»
