US housing market continues to grow
New data from the National Association of Realtors shows that the market south of the border continues to strengthen. US home sales in September had their strongest month since last September; rising 2.4 per cent. Sales levels were however 1.7 per cent lower than the September 2013 figure. Home starts are also up but the battle for the US housing sector is the lack of wage increases, meaning many first-timers are frozen out of the market.