Oh, I forgot to add, only new homes are recorded at the time of contract signing. Existing homes are recorded at the time of escro close, which can take 3 months.
And new home sales are a fraction of the entire RE market.
You’re basically looking at three month old data. Today’s sales will not really bourne out until late November.
So…take a deep breath and relax.
Go play some World of Warcraft on a customized emulator server for a few months. 🙂
