M2 and Median Pricing PPAR Region
OnThere is a .9 correlation between the M2 money supply and median pricing in the PPAR region over the last 26 years through October.
Read Morejust an agent, running the numbers – Rob Thompson, RealtorĀ®, Iconic Colorado Properties, LLC
There is a .9 correlation between the M2 money supply and median pricing in the PPAR region over the last 26 years through October.
Read MoreWe are over halfway through December and here’s where we stand right now. Sales volume is down 48.1% over this time last year (measuring.
Read MoreHere’s a snapshot of the last 26 years of volume of sales and average pricing. We hit an all time high in May of.
Read MoreWe closed out November 2022 with the sharpest November to November decline in the last 26 years, closing 55.1% of the number of sales.
Read MoreAs we close in on the end of November, let’s take a look at the sales volume for the month. What you see below.
Read MoreWe are tracking about 47.5% under last year’s volume of sales right now. I suspect we will close out around 40% down. These rates.
Read MoreThis time last year we were tracking 781 sales regionally. Month to date, we are at 369, for a sales volume that at 47.2%.
Read MoreThe market is changing. Inventory is rising faster than homes are closing in the region. If you are selling a home in the areas.
Read MoreAs of 28 October 2022, we are down about 42% in the PPAR region for volume of sales.
Read MoreNineteen days into October 2022, we are tracking significantly below where we were at this time last year…about 60.3% of the volume of sales.
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