The Sky Is NOT Falling and Neither are Real Estate PricesBy
Don’t let a 1 month glitch that happens every year scare you.
Here Are The facts-
- The median housing price for August 2015 was down from the previous month (July 2015) by $4,000, but this is true every year since 2012.
- At the end of the year prices are still higher than when the year started.
- Recent full year price increases- even with an August decline are
2012 – 27% increase
2013 – 24% increase
2014 – 9% increase
2015 – as of August prices were up 7%
If you’d like to keep up to date with the monthly statistics for the local housing market, then go to my website for the brief monthly video that I post each month. (http://www.houseaz.com/monthlymarketupdate.html)
Jerry Raviol, Associate Broker
West USA Realty
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