A New single family home sales in the United States fell 2.2% to an annual rate of 307,000 in December from 314,000 a month earlier to the latest data from the Commerce Department to the seasonally adjusted rate, dropped 7.3% from 331,000 a year earlier to preliminary estimate for actual new homes sold in 2011 came in at 302,000, 6.2% below 323,000 sold in 2010.
They are figures are released as the National Association of Realtors call on the US government to make housing a national public policy priority in restoring the health of the housing market is the only way to achieve a broader economic recovery realtors believe that more must be done to stem the rising inventory of foreclosed homes and address the lack of available and affordable mortgage financing, which is inhibiting a meaningful housing market recovery said, BAR president Moe Veissi.
And the NAR is also urging the government and lenders to streamline the often time consuming and inefficient short sales process and to quickly approve reasonable offers to a family is absolutely unable keep their home.
They are figures are released as the National Association of Realtors call on the US government to make housing a national public policy priority in restoring the health of the housing market is the only way to achieve a broader economic recovery realtors believe that more must be done to stem the rising inventory of foreclosed homes and address the lack of available and affordable mortgage financing, which is inhibiting a meaningful housing market recovery said, BAR president Moe Veissi.
And the NAR is also urging the government and lenders to streamline the often time consuming and inefficient short sales process and to quickly approve reasonable offers to a family is absolutely unable keep their home.
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