Housing Sales in the U.S. is at a Peak After Years

Housing sales in the USA took its place at the summit after many years. In the country, which was negatively affected by the coronavirus epidemic, both health and economic, new home sales reached the highest level in 13 years in June. According to the data shared by the census administration in the USA, new house sales climbed to the highest level in 13 years in June. Strong housing sales, supported by low borrowing costs, support the evidence that it is one of the rare positive parts of the economy suffering from the epidemic. New home sales reached 776 thousand annually with an increase of 13.8 percent compared to May. The median estimate of the experts surveyed by Bloomberg was at the level of 700 thousand. The median sales prices increased by 5.6 percent compared to the previous year and reached 329 thousand 200 dollars.