U.S. and British housing sales continue to deteriorate

U.S. and British authority on the 9th home sales were released the latest data showed that the two countries deteriorated housing prospects of increased sales.

U.S. National Association of Realtors released data show that in July the United States used the turnover index contract fell 3.2 percent the previous month. The same day, the Royal Institution of Chartered Surveyors The survey results show that the British housing sales have dropped for three consecutive months, the British housing sales in August fell to the lowest level in 30 years, also continued low prices. Over the past three months, the average real estate agents sold only 12.7 houses, than the same period last year dropped 47.4 percent. The two agencies have said that the situation in the real estate industry has yet to shake off the doldrums, the mortgage liquidity remains tense circumstances, it is very difficult real estate market there signs of recovery. For the moment, however, intends to buy the first people tend to rent, the landlord is forced to rent rather than sell.