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US insight : Residential

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US insight : Residential

The US economy provides a mixed picture. Four years since it was announced that the recession was over GDP growth stands at 1.8%, unemployment is hovering around 8% and wages are struggling to rise above inflation. Despite this, mainstream house prices in the US are now 9.3% higher than a year ago and new home sales are at their highest level for five years.

Source : Knight Frank

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Keywords : Knight Frank