21 announced by the U.S. National Association of Realtors report showed that U.S. existing home sales continue to rise in November World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor , but housing prices are still falling.
National Association of Realtors chief economist Lawrence Yun said, more people aware of the real estate market, the opportunity to benefit from a buyer's market. Housing turnover in November reached the highest value in 10 months, compared with the low in the mid-2010, up 34%.
In the U.S. housing market, existing home sales accounted for approximately 85% of the entire property market sales. Sharp adjustment of the U.S. housing market since the bubble burst in early 2006, has no significant improvement. The experts predict that the U.S. housing market will continue to experience 3-5 years of convalescence.
The report shows that in November, U.S. existing home sales to a seasonally adjusted annual rate of 4.42 million units, increased by 4%, an increase of 12 world pie network information .2 percent over the same period last year. The month the United States all types of existing home sales median price per set was $ 164,200, down 3.5 percent.