How much impact has the tax credit had on the market?

Here is the summary of detached sales and avg. $$ per square foot in the same zip codes combined from yesterday, for the January 1st through April 15th period:

Year $800,000- $800,001+
538/$285 psf
282/$451 psf
706/$297 psf
400/$411 psf
YOY Diff

Sales above $800,000 have increased sharply (+42% YOY) without the government cheese – but the lower pricing must be a contributing factor.

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