Friday, May 30, 2008

Addendum to Post - ASU Report on Housing Market

I read an article which came out several days after the post below ' ASU Report on Housing Market'. It said that the data used for that report included banks taking over homes that have been foreclosed upon, which are not true sales. Normally, those numbers would not affect year over year comparisons in any significant way; but, this year that is not the case.

To learn more read the AZ Republic article - Home-sales Data are at Odds.

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