OK folks we know that sales are down big time compared with last year. We know that listings are also down and so list/sales are robust.
MOI is still around 6 months +/- though and higher in some areas (see Larry's site).
The average pice and median in these circumstances mean very little. If wealthier buyers are still in the market or the homes sold are the cream of the crop, then both these numbers will be up.
What we will have to look for is the HPI to see which way we are trending.
Friday Free-for-all! May 26th 2017 - It’s that time of the week again… Friday Free-for-all time! This is our regular end of the week news round-up and open topic discussion thread for the week...
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