Bad real estate market data in December

Real estate market data disappoint the market

Real estate market data disappoint the market.


New home sales in the United States fell slightly in December compared to November, and were below analyst expectations, according to government data published on Monday.

In December, 694,000 new homes were sold, a 0.4% drop from the 697,000 sold in November (figure adjusted downwards), in data corrected by seasonal variables and in annual rhythm.

Analysts expected about 725,000 new homes sold.

However, compared to December 2018, sales, favored by lower interest rates for real estate loans, increased 23%.

In December 2019, the average price of a new house increased once more to $ 331,400, against $ 330,800 the previous month.

In the United States, new home sales reached a record high in July 2005, at the peak of the housing bubble, with about 1.38 million transactions.

After the financial crisis that resulted from risky real estate loans, the sale of new houses arrived in February 2011 at its lowest historical level with 270,000 new homes sold that month.

Today, October 7, 2019, the data of the factory orders from Germany, corresponding to September, have been published. The data Read more

The Chinese delegation that was to go to the US to continue negotiating a possible trade agreement is already releasing Read more

Today, construction data has been published in Canada. The published data on construction permits (+ 6'1%) and new housing constructions Read more

The JOLTs survey corresponding to the month of September 2019 has been published today. The job offers and staff turnover Read more

A partial agreement between the US and China was announced yesterday. Agreement that must still be signed but that has Read more

Data published today for China's foreign trade in September show a decline. Imports fell 8.5% and imports fell 3.2%. These Read more

I found this CNN article in Spanish, in my opinion very successful that I repeat here and talk about second Read more

The economic data corresponding to retail sales have just been published in September in the US, -0.3% monthly. Bad data, Read more

On October 18, tariffs on European products authorized by the World Trade Organization (WTO) entered into force. These tariffs were Read more

The commercial activity of the euro zone barely grew in October because demand declined, according to a survey published on Read more

Leave a Reply