As an ordinary consumer, we must clearly realize that the news of housing sales is not necessarily true news, but more news is just a publicity stunt of real estate sales.
The speed of housing sales in the United States has set a historical record.
The United States implements a loose monetary policy. We can see that many Americans will spend this money on real estate. The house price in the United States has soared, and the transaction volume of real estate is particularly strong, setting a historical record. Many American houses will be taken away immediately after they are put on the market, and 59% will be sold within two weeks after they are put on the market.
House prices in the United States have also risen to varying degrees.
According to the average house price in the United States, the average house price in the United States has now reached $330,000, an increase of 17% over the same period last year. This figure is particularly exaggerated, because during the COVID-19 epidemic, the American economy was greatly affected. Monetary easing is not to let people spend money on real estate, but to protect their personal lives. Obviously, the American people did not make good use of this measure. Judging from the current situation, the enthusiasm of American real estate will continue, and the sale of second-hand houses will tend to be frequent. Some people think that Americans especially like buying houses. In fact, in a normal economic environment, Americans do not like buying a house, but like to participate in the investment market.
Americans prefer to invest their money.
I read a report about investors before, which talked about the differences of various investors. More than 70% people in China will spend their assets on real estate, while Americans only account for 30%, and Americans will spend more than 60% of their assets on the stock market. Strictly speaking, Americans prefer to participate in investment rather than buying a house directly, let alone seeking unknown returns through real estate speculation.