The first quarter of 2013 showed marked improvement year-over-year. Sales were up 14% and average pricing was up 10%!
This feels like a comfortable level for now. Will prices keep going higher? When we look back on this next year, will there be another 10% pop in Y-O-Y pricing?
Buyers have been willing to tolerate this past increase, but for prices to rise another 10% in the coming months would take a mega-frenzy. But if inventory stays scarce, it could happen statistically just on the thin trading.