The Sales of Households in the United States Have Been Very Lower than the Expected

The expectations of recovery in the economy of the United States, suffered a hard hit when a very bad data about household sales has been released. In January, transactions fell by 11.2% to 309.00 households, this data is worse than all the analyst’s forecasts.

The crisis in the real state industry returns to cool the hopes of a better economy in the United States. The forecasts predicted a sale of 355.000 households, data from the Commerce Department reduced this amount to 309.000.

This is the lowest record registered in a historical series that began in 1963. The figure means a fall by 11.2%, and remains under the worst expectations of all the analyst’s forecasts consulted by Bloomberg (325.000).

The reduction of price, did not prevent this new fall. According the data from the Commerce Department, the average sale price of these households, reflects a fall by 2,4% in January, to $203,500, the lowest since December 2003.

The new minimum in the household sales, arrives 4 years and a half lather than the historical maximum, in July 2005, when transactions reached 1,39 million of households, nearly five times more than what has been published today.

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