PRICE TRENDS BY AREA (JULY – AUGUST 2010)
September 3, 2010 by Barry Fence · Leave a Comment
Disclaimer: As you probably noticed, some of the percentage changes are quite large. Typically, in December and in the months when there are much fewer home sales, the average price in a category can be skewed by a small number of lower-priced or higher-priced properties selling in the same month. Just like a stock on the stock market can have many up and down deviations in the short term but in the longer term have an upward (or downward) slope. It’s the long term trend that we are most interested in as home buyers/owners/investors.
Click HERE to see the previous chart for June to July 2010.
