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Average home sale price dropped 16% since March
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Hick
Posted 7/6/2022 06:32 (#9736057 - in reply to #9735894)
Subject: RE: Average home sale price dropped 16% since March


Sw mn
Excalibur - 7/5/2022 23:05

A product of raised interest rates. It will be interesting if house values surge through the increases in interest. I think the cost to build will prop prices up, by limiting supply.


I somewhat agree but building prices are already falling. A 2x4-16 was $22 in may, bought some last week for $14, same lumber yard.
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