The volume of construction of new private residential homes in the U.S. in January with . was decreased
16 , 8% compared to December , to 466 thousand units. This is the lowest
for the time of such statistics , which the Ministry of Trade
countries start up in 1959.

In annual terms, the decline was 56, and 2%. Relative peak performance
January 2006, when the country began to build two, three million homes fall
was about 80%, according to CNN. The volume of construction of new homes on one
family, which experts consider "core" U.S. real estate market, in
January decreased by 12 2% compared with December, to 347 thousand units. Volumes
apartment buildings were reduced by 25% compared to December,
to 114 thousand units. In addition, the number of permits issued for construction
new homes fell in January for 4, 8% compared to December and on 50, 5%
- On an annualized basis. Similar rate of decline in the construction sector may
signal further deterioration in the U.S. economy, the more
what problems in the housing market has led the country, according to many economists,
to the global credit crisis. However, some analysts believe that
decline in new construction can help to restore
market. The fact that developers continue to build new houses even
after the U.S. real estate market bubble burst. As a result of market
was saturated with a large stock of unsold homes. Increasing the number of
foreclosure of the mortgaged property also has made banks in the country
its contribution to growth in the number of objects for sale. Experts
believe that, as demand for homes remains weak, reducing the
volume of new housing will only help "razgresti 'stock of unsold
homes, as buyers returned to the market and stabilize falling prices.
Restoring U.S. real estate market, in turn, could be the beginning
output of the economy and, consequently, the other major economies in the world of
the current recession.

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