US new-home sales rise 5.4 pct. in July; buying in Northeast fuels rebound from June dip
Source: Associated Press, via Minneapolis Star-Tribune
By JOSH BOAK Associated Press
August 25, 2015 — 9:10am
WASHINGTON — Americans stepped up their purchases of new homes in July, with sales surging in the Northeast.
The Commerce Department says new-home sales rose 5.4 percent last month to a seasonally adjusted annual rate of 507,000, recovering from a slide in purchases in June.
Buyers have crowded into the housing market this year. Backed by solid job growth over the past two years and relatively low mortgage rates, sales of new homes jumped 21.2 percent through the first half of 2015, although the government sales report is volatile on a monthly basis.
New-home purchases climbed 23.1 percent in the Northeast, with smaller gains in the South and West. Sales slumped in the Midwest.
Read more: http://www.startribune.com/us-new-home-sales-rebound-in-july/322812601/
= new reply since forum marked as read
foreign buyers. American single family homes are at decades low purchases by working Americans. Renting has gotten so bad that Blackhawk is now helping people invest in the misfortune of others by creating new ways to combine the return from the rents that fuck people over.
All with the help of the last and current administrations. By policy, has had the effect of moving trillions of dollars away from homeowners into the pockets of bank$ter/donors.
Then they print stories like this, hoping you will think it is good news. They actually have some convinced the "moran" is the one with the sign.
