Neubarth
At the Ballpark July 30th
EXISTING HOMES SALES
FEB 2010 ????
JAN 2010 5.05 M
DEC 09 5.45 M
NOV 09 6.54 M
OCT 09 6.09 M
EXISTING HOME SALES THREE YEARS AGO.
FEB 07 6.69 M
JAN 07 6.44 M
IN ALL, NOT REALLY VERY MUCH CHANGE.
Repossessions that have been sold at auction are counted as a sale.
So there is usually a 5.5 million churn (turnover) each month. In a more active economy, that could be thirty percent more. The important thing here is to keep track of the sales prices which have been going down for the past three years.
FEB 2010 ????
JAN 2010 5.05 M
DEC 09 5.45 M
NOV 09 6.54 M
OCT 09 6.09 M
EXISTING HOME SALES THREE YEARS AGO.
FEB 07 6.69 M
JAN 07 6.44 M
IN ALL, NOT REALLY VERY MUCH CHANGE.
Repossessions that have been sold at auction are counted as a sale.
So there is usually a 5.5 million churn (turnover) each month. In a more active economy, that could be thirty percent more. The important thing here is to keep track of the sales prices which have been going down for the past three years.