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New home sales

New home sales

Posted by Trader On January - 13 - 2009













The Index displays the amount of home sales in property market in “core” sector: already sold new houses, offered for sale and built for landowners, taking into account one family a year. The index usually increases when there is an increase of an interest rate of loans secured in real estate, which is at the same time connected with the main country’s interest rates. In accordance with the market’s peculiarities this data may be influenced by seasonal variations. The indicator’s growth exerts a positive influence on the national currency’s rate.

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