NSDCC May Sales

There was a +10% Y-O-Y pop in May’s sales and average cost-per-sf:

NSDCC Detached-Home Sales, May:

If the pricing starts to level off, the Y-O-Y differences should decline over the rest of the year.  As those appreciation numbers start sounding more normal  (3% to 5% ann.), the publicity of a red-hot market should begin to fade.  Then it might feel more like a regular market?

Jim the Realtor

Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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