Number of USA homes for sale rising

The number of properties for listed sale in the USA is continuing to increase, according to research.

People considering buying a home in the USA will be pleased to learn that Altos Research's report revealed house prices there are also remaining stable.

According to the company's composite price index, following a monthly USA price increase in May, asking prices for homes on the sales market stayed flat in June.

The report also found that an increasing number of USA homeowners are making the most of improving market conditions and putting their homes up for sale.

In June and during the first half of 2010, the number of homes on the USA property market rose.

Compared to the $470,017 (£303,236) average price recorded in January 2009, June's price data is better.

Altos Research is a resource for real-time real estate data which publishes statistics and analysis of real estate market.