Kathmandu. In the US, the gap between home buyers and home buyers is widening rapidly.
The number of home sellers in the United States has reached 1,922,046. This is the highest since March 2020.
Similarly, the number of home buyers has come down to 1,414,331. Which is the lowest since April 2020.
Thus, the difference between the number of home sellers and buyers in the United States has reached a record 508,715. That is, the difference between those who sell and buy a home in the United States is 36 percent. Which was only 7 percent a year ago.
People speculate that the US Federal Reserve (Fed) may reduce interest rates in the coming days. Which will reduce the price of the house. Experts say that the Fed may reduce rates in the coming days, after which a balance will be established between home sellers and buyers. ’
In recent years, home prices in the U.S. have risen significantly and loans have become costlier. A rate cut can increase home sales.
Some people also argue that people’s salaries may increase in the coming days. Trump has imposed tariffs in many countries around the world. As a result, more money is expected to come to the government fund in the coming days.
Home prices in the U.S. are at an all-time high. According to data from the National Association of Realtors, the average price of a house in June was $ 435,300. This is the highest ever.
Home prices in the U.S. have risen nearly 50% in the past five years. In June, home sales were the lowest in nine months. It is now expected that the Fed Reserve may cut interest rates in the coming days. Which can accelerate home sales.
President Donald Trump has also called for a 3 percent cut in interest rates. – Agency
