U.S. real estate market does not improve despite forecast

Source: Bloomberg
Volume of purchases of previously owned houses was expected to climb by 1.5% in the USA in June. Analysts supposed that the annual rate of such sales might amount to USD 4.62 million, whereas the real number published by the National Association of Realtors is 4.37 million. House market was anticipated to be boosted by record low mortgage rates and property price deflation. The recovery of real estate sector is decelerated by economic slowdown, especially low job creation rate the USA is facing right now.
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