New house sales trends in the United States (U.S.) falls, although had risen during the last few months, sales fell again in September.
This sales decline at unprecedented financial market participants. Some of the stock market Economists predict that sales of new houses going up around 440,000 per year. Economists had forecast on average sales of new houses range from 412,000 to 460,000 per year. The calculation was made in August when sales were good.
Based on new house sales decline was partly the thought that the way to restore the U.S. economy still needs time. Economists believe that, recovery of the housing sector is the key to rebuilding confidence in U.S. financial sector, because the housing sector is a sector that makes the supporting industry growth. Prediction is true because housing sector be one indicator of economic growth in the many countries,.
After seeing sales decline in new house in September, economists suggest the U.S. government and monetary authorities in the country review of fiscal and monetary policy.
The economists expect the Federal Reserve (Fed) consistently maintain the low interest rate policy and does not raise the Fed Funds at least until the end of this year.
For additional information about the construction of houses in the U.S., construction of new houses during September ranged only 251,000 homes. This is the lowest housing, since November 1982
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