Yesterday, the NAR reported the national home sales for August. The number was below estimates, and there was some concern about the ‘market’.
We already reviewed the August sales on September 6th, split into two categories. To update, and to pick up the eight late-reporters, here are the August sales for comparison to the last four years:
NSDCC Detached-Home Sales, August
| Year | ||||||
| 2011 | ||||||
| 2012 | ||||||
| 2013 | ||||||
| 2014 | ||||||
| 2015 |
Our local market feels a little squishy out on the street, but statistically, it looks to be in good shape. There would need to be evidence of sellers caving (SP:LP) or buyers fleeing (# of sales) to cause any major concern.
