New home sales in the US last month has set a record. As the Los Angeles Times with reference to the Department of traderegistered the biggest drop in sales in more than two years.
According to the Commerce Department, in April 2017 sales of new US homes fell to an average of 11.4% is the biggest drop since March 2015.
It is also reported that sales fell in all regions of the country, but especially in the West (26.3 per cent) is the great recession is not even 2015, and from October 2010. However, economists are not yet sounding the alarm, and considering the April sales decline as a one-time phenomenon, not a trend.
«We expect that sales of several stabiliziruemost in may and will return to the March high, at least for the next few months,» said Ian Shepherdson, chief economist at Pantheon Macroeconomics.
According to experts, the purchase of housing will increase with the «recovery» of the labor market in America that will give Americans confidence in the future. In April of this year has appeared more than 200 thousand new jobs, and the unemployment rate is quite low for the past decade of 4.4%.
As for prices, last month the average price of new homes in the U.S. declined 3% to 309 thousand 200 dollars.
