Macroeconomics

U.S. Census: “An estimated 428,000 new homes were sold in 2013. This is 16.4 percent above the 2012”.

Landlords who are interested in selling buildings in the current market conditions must be aware that for a New House it took a wait up to 3.2 months in order to successfully sell a home. It is also an indicator for Realtors who expect commissions after transactions. The U.S. Census Bureau and the U.S. Department of Housing reported today that the waiting period for selling New Houses roughly approaches three months and a half. The statistic barely changed the December 2012 figure.

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Categories: Macroeconomics

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