artifact,
great graph. The interesting thing I took away is that highest recordly sales during a given month were between July 2003 and Feb 2004 when the majority of the appreciation occurred. Seems kinda obvious but still nice to see it graphically.
To me, the most telling statistic is the “values of closed sales”.
Aug. 2006 $1,580,567,152
Sep. 2006 $1,321,094,956
16% reduction. This change is due to “seasonal reasons” (i.e. families with children tend to buy larger houses & close during the summer before schools start).
Aug. 2007 $1,328,689,822
Sep. 2007 $872,492,175
34% reduction. This is due to seasonal reasons & the credit squeeze.
To me, the most telling statistic is the “values of closed sales”.
Aug. 2006 $1,580,567,152
Sep. 2006 $1,321,094,956
16% reduction. This change is due to “seasonal reasons” (i.e. families with children tend to buy larger houses & close during the summer before schools start).
Aug. 2007 $1,328,689,822
Sep. 2007 $872,492,175
34% reduction. This is due to seasonal reasons & the credit squeeze.
“Aug. 2007 $1,328,689,822
Sep. 2007 $872,492,175
34% reduction. This is due to seasonal reasons & the credit squeeze”
Heck ya’ just wait ’til next month!
“Aug. 2007 $1,328,689,822
Sep. 2007 $872,492,175
34% reduction. This is due to seasonal reasons & the credit squeeze”
Heck ya’ just wait ’til next month!