Prices rose slightly, but the bad employment numbers are holding back volumes of sales.
There are positive signs emerging for the American property
market, which broke its record in foreclosures in August. S & P / Case-Shiller Home Price, which measures the value of the U.S. housing market, registered a 1% increase between May and June 2010, Of the 20 U.S. cities most representative market, 17 of them, including New York, Miami and San Diego have seen their prices rise. "Even if prices resumed an upward trend, they are far from finding the peak in July 2006. They have indeed increased by only 6% in spring 2009, during which they seemed to have bottomed, "said real estate network upscale Barnes.
However, several factors continue to impede recovery of the U.S. housing market. The measure of establishing a temporary tax credit for first-time buyers has expired, access to credit remains difficult despite an environment of low interest rates, while households are concerned and prefer to save, particularly given the weak U.S. employment market. As a result, trading volumes have plummeted: for example, sales of new houses collapsed in July with a drop in the number of sales by 27.5%. But for European investors, the U.S. can offer great opportunities: "Given the position of the dollar, the euro continues to be favorable to them," says Barnes. In a market that remains weak, prices remain very attractive and the Americans, if you can buy, are turning to leasing, which strongly stimulates the market.