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Hpc News From Fl, Az, Va -- Sales Plunge Accross U S

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Wednesday, March 1, 2006

Home sales plunged 31% in January 2006 compared with January 2005.

Average prices plunged 11% from December.

An interesting read on how statistics are manipulated by VIs. In the end its average sold house prices that count. I doubt UK "asking price" spin would be used in the US.

Virginia not doing much better:


Va. Home Sales Down a Fifth Straight Month

Source: Richmond Times - Dispatch

Publication date: 2006-03-04

By Gregory illigan
Housing sales in Virginia dipped 15 percent in January compared with the same time a year ago, marking the
fifth consecutive month of declines




'05 selling frenzy gives way to buyers' market, slowdown

After a year of Tucsonans rushing to sell their homes to take advantage of soaring profits, it's now a buyers' market.
More Tucson-area homes were on the market last month
than at any time in the past nine years
, new numbers show.

Bears must be ecstatic in the US. Observe how FAST thge market turned leaving no time to get out.

Edited by Realistbear

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48% home sales drop leads state

The high season peaked in mid-February but so far there is little evidence of a long-awaited and often-predicted real estate recovery.

In fact, the Sarasota-Bradenton market had the dubious distinction of being the Florida market with the biggest decline in sales during January: a precipitous 48 percent drop when compared with the same month a year ago -- more than double the state's 19 percent decline.

The Charlotte County-North Port market saw its sales drop 18 percent during the same time frame, the Florida Association of Realtors reported Tuesday.

I'm amazed by how open and honest the US print media are, even some of the agents quoted in that piece are pretty realistic, and the nice bit of spin in the end sticks out like a shore thumb.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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