sales price: Comparison of Local Market to National Market
- 03/15/18 07:28 PM
Throughout the country we are experiencing significantly increased home values. Nationally, home prices are on average up over 6% from later 2016 through late 2017. With this increase in sale price, comes an increase in equity, and increased economic consumption as a result. Billions in wealth has been created. In my local market, home prices outpaced the national average for the same time period, and have broken the 10% mark. For a comparison of my local market, Oakland County, Michigan (southeast Michigan), follow this link: Oakland Country Market Report. Interestingly, although Michigan is surpassing the national average in price growth over the … (2 comments)
Throughout the country we are experiencing significantly increased home values. Nationally, home prices are on average up over 6% from later 2016 through late 2017. With this increase in sale price, comes an increase in equity, and increased economic consumption as a result. Billions in wealth has been created.
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