These figures are in line with analysts' expectations - The price of a house has dropped by an average of 7,7% on an annual basis - Meanwhile, the level of inventories is growing, at 6,6 months at current sales rates
Sales of new homes in the United States fell by 2,3% in August to 295.000 units, in line with analysts' expectations.
According to data from the Department of Commerce, in the month the average price of a house fell by 7,7% on an annual basis to 209.100 dollars. Lastly, the level of inventories increased, rising from 6,5 to 6,6 months at current sales rates.
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