The winter was decisive: Sales of second-hand homes in the US were cut in February, a large drop from expectations compared to…
The winter was decisive: Sales of second-hand homes in the United States were cut by 6.6% in February, a large decrease from expectations compared to January. At the same time, this is an increase of 9.1% compared to February 2020.
The supply of houses fell in February at an annual rate of 29.5%, the largest monthly decline ever in the American real estate market for house sales immediately 2 - the supply was 1.03 million houses. Therefore, house prices immediately 2 jumped in February at an annual rate of 15.8%.
The median price for the sale of a second-hand house that month was $ 2, the highest price ever recorded in February. Sales of second-hand homes valued at more than $ 313 million jumped 2% compared to February of last year. At the same time, sales of second-hand homes ranging in price from $ 81 to $ 2 dropped by 100%.
"The storms that hit the United States in the winter caused a slowdown in supply that led to declining sales," said analysts Ben Ayers and Daniel Vielhaber, even before the data was released.
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