Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

US property market finally on the rise

Staff Reporter 1 minute read

New US home sales rose for the first time in February after seven months of decline indicating that the market may have finally hit bottom.

According to the US Commerce Department, new home sales climbed by 4.7 per cent in February.

This brought the annualised rate to 337,000 compared to 322,000 in January.

Just last week separate data showed new housing starts also rose in February by 22 per cent compared to January – the first improvement in eight months.

 

Advertisement
Advertisement
US property market finally on the rise
default
TheAdviser logo
default
more from the adviser
houseandmoneyrates ‘Don’t rush in’: Risks of new housing scheme flagged

Broker support is critical for borrowers looking to capitalise on...

speed boat ta AFG welcomes specialist lender to its panel

The aggregator has welcomed specialty asset finance lender Austra...

business handshake 2 Finsure expands third-party team, appoints new BDMs

The mortgage aggregator has announced the appointment of new busi...

FROM THE WEB