US home sales are at their lowest point in the last two years. Towards the end of the period, we will be able to see the transition and improvement that will occur (or not) with the return of Donald J Trump.

It was the government itself that published the latest figures. According to the published data, sales of new single-family homes fell 17% last month, to an annualized rate of 610,000. Which is well below the average estimate of economists surveyed by Bloomberg, which was 725,000.

The economic portal Bloomberg reports that new home sales in the United States fell in October to their lowest level in almost two years.

The phenomenon is attributed largely to the impact of two hurricanes in the south of the country and to the fact that "affordability problems continued to weigh on buyers.

They accuse that hurricanes Helene and Milton were the main aggravating factors. Since they occurred in the «largest real estate region in the country» the southeast. The devastation left by the hurricane winds and then the floods slowed sales and dragged down sales in general.

In the south alone, sales decreased by 28%, to 339,000. This is equivalent to the slowest pace since April 2020. Although there were also drops in sales in the west of the country, in the northeast and the midwest. So the drop in the southeast was significant for the country.

In other words, since the beginning of the pandemic, such low figures have not been seen. A calamity like a hurricane achieved figures comparable to those of a lockdown that paralyzed the world economy,
which also affected the US.

The US real estate market has not emerged from the sales crisis for three years.

Although hurricanes worsened the situation, the real estate market has been in crisis for three years.

This is highlighted by Diario Las Américas. This digital newspaper accuses the «complicit silence of the great far-left press with the government and federal agencies». It calls the situation «unfortunate».