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Drop in new home sales is mainly due to
Drop in new home sales is mainly due to
admin
2014-08-13
58
问题
Drop in new home sales is mainly due to
The Commerce Department said sales fell by 11.3% to a seasonally-adjusted annual rate of 355,000 homes, down from a revised 400,000 in October. The fall reflects the extension of first-time buyer tax credits, which had been due to expire in November. The total was far lower than analysts had expected, and the data wiped out early gains in shares on Wall Street. The main Dow Jones index closed only slightly higher, up 1.51 points, or 0.01%, to 10,466.44. Home sales had been boosted by buyers looking to take advantage of the tax credit, but now that they have been extended to April, the incentive to buy has disappeared, analysts say. As a result, "buyer traffic is likely to be flat until spring," predicted Mark Vitner at Wells Fargo Securities. The median sales price for November was $217,000.
选项
A、there would be an instant hit with house enthusiasts.
B、more and more people expect to make use of the policy.
C、advanced transportation technology would be brought in.
D、the expected purchasing boom would go down until April.
答案
D
解析
新闻指出,随着购买诱因的消失,富国银行证券的Mark Vitner预测购买热潮在春季到来之前也将随之退却。故正确答案是D。
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