Supply shortage, the U.S. real estate market

The average house price reached a new record high in the United States in June 2017 - $247.600 / sets, percent growth in 2016 than the same period of 6,5.

The supply of the real estate market is shrinking trend in the United States

In the United States, real estate

According to a report released by the housing association of real estate (National NAR), sell the house sales, and now the water has dropped in June between the landscape, the shortage of market supply of real estate must be tight materials to meet the consumer demand.

Specifically, NAR, sell the house sales in June last year, the United States 1,8% lower than last month, down 5,52 million. This figure increased speed, on the contrary, almost two times lower than in May of 0,7 percent forecast, put forward the world.

In the display, a cycle is difficult due to the decline in the U.S. housing market factors, mainly the lack of supply.

Although the strong demand to buy a house, "health" of the American economy is relatively stable, but the sale quantity still reduced more than 2 years regularly in this country. The lack of supply led to the price of the house more accelerated speed increased, make people work harder to have their own house.

And in the past 12 months, the United States will sell the house sales growth percent of 0,7 light. This is a modest increase, although the unemployment rate only reached 4,4%.

However, a lack of supply can put the U.S. real estate market on the edge.

Svenja Goodell, chief economist of the real estate brokerage firm Zillow said that the number of home now only sell is equivalent to the level of 1994, but some of the people living in the United States has increased to about 630 thousand, then at the time.

The average house price reached a new record high in the United States in June 2017 - is $247.600, compared with the same period in 2016 increased 6,5 percent growth at the same time, marking the sixty-fourth consecutive month. At the same time, at the same time, selling quality decreased by 1%.

Many new jobs continue to increase, more and more people are young life, he was ready to leave home, the house needs to continue to improve the landscape between the time in the United States, the stabilization of the economy.

According to a series of obstacles in the world were set up, and the construction industry (including labor supply reduction), muscle segmented headmaster called building the transfer of housing rental market "hot" development and activities of the fall in the isolated house...... These factors make the supply of housing is strengthened in the United States, to keep up with demand.

Foreign investors' money fell on the record of the U.S. housing market from 2017 to March - December plan. The investment in the overseas real estate in the United States increased the main reason is Canada beyond the United States from the "free" of the real estate market has been overheated at home.

In the United States also lower prices than in Vancouver and Toronto, where housing prices increased by nearly 12 months of the end of March 2017 - 30%.

The value of transactions involving trading house in Canada this year doubled to $1 billion 900 million, a new record.