Invest in US Real Estate

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Realtors Management of USA had released the Sales Report of Real Estates which magnifies increase in sale up to 15% compared to last year, but In June 2013, its Vice Versa shown a dip in sale of 1.2%. The reason being the mortgage rates are higher in key areas like New York, California and Hawaii, increase in inventory levels and lack of speeding activity kept the demand low.

Mortgage Rates had increased due to recent curbing of  Bond Buying worth USD$ 85 Billion/Month by the Federal Reserve and everyone expected the increase in Interest Rate respectively. In May 2013, due to high Interest Rate prediction also shown the increase in sale of houses, ie., temporarily started to create more demand in the existing market. But after that,  Inventory level kept on rising tempted the drop in supply of houses too. Apart from that diminishing number of deals were done due to foreclosures, short sales and discount sales.

But the National Median Prices keep on increasing, which is actually 13.5% higher than that of the year 2011. So, a drop in Realty sales in June does'nt mean anything, keep on investing in US Real Estates, which can provide mighty gain in the future. 
Location: New York, NY, USA

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