Jan 25 2016 Annual Market Snapshot

Jan 25 2016 Annual Market Snapshot

The annual snapshot has been updated, and this year every indicator is green apart from the 2 measures of appreciation. The strong comparison with the situation last January is emphasized by this table.

The appreciation measured by median sales price is very close, but this is rather misleading as it is helped by the scarcity of low priced homes. These days the median sales price is biased to the upside just as it was biased to the downside during the years when REOs were very plentiful (2008 through 2011).

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Dated: January 25th 2016
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