SLI FERSMI TH & FRAMPTON REALESTATE
Mar c h2014
Ma r ke tI ns i de r SUMMI TCOUNTYEDI TI ON
RESI DENTI ALAVERAGEPRI CEPERSQUAREFOOT
RESI DENTI ALAVERAGESALESPRI CE
Compar i ngt hemont hofFebr uar yf r om t hepas tfiv ey ear s
3Mont hMov i ngAv er age
Sour c e:MLSDat a
HOUSI NG OUTLOOK:PRI CEGAI NSI N DOUBLEDI GI TS.Real t y Ti mes . c om,Febr uar y16,2014 Ac c or di ngt oCor eLogi c ' sHomePr i c eI ndex( HPI ) ,t he11per c enti nc r eas ei nDec emberhomepr i c esr epr es ent edt he22ndc ons ec ut i v e mont hl yy ear ov er y eari nc r eas e.Fr eez i ngt emper at ur esdi dl i t t l et oc oolt hehous i ngmar k eti nJ anuar y .ThePendi ngHPIf or ec as t shome pr i c est ohav er i s en10. 2per c enthi ghert hant hey earbef or e."Las ty ear ,homepr i c esr os e11per c ent ,t hehi ghes tr at eofannuali nc r eas e s i nc e2005,andt ens t at esandt heDi s t r i c tofCol umbi ar eac hednew al l t i mepr i c epeak s , "s ai dDr .Mar kFl emi ng,c hi efec onomi s tf or Cor eLogi c ."Weex pec tt her i s i ngpr i c est oat t r ac tmor es el l er s ,unl oc k i ngt hi spent ups uppl y ,whi c hwi l l hav eamoder at i ngef f ec tonpr i c es i n2014. "
LUXURYSALESWARM UPAFRI GI D WI NTER.Real Es t at eEc onomy Wat c h. c om,Febr uar y25,2014 Pol arv or t exar ef r eez i nghomes al esi nmuc hoft henat i ont hi swi nt erbutt hel ux ur ys egmenti sfindi ngt het emper at ur et obej us tper f ec tas bot hs al esandpr i c ei nc r eas eswar m upmi l l i ondol l arpl usmar k et sf r om c oas tt oc oas t .Yes t er dayec onomi s t satt heNat i onal As s oc i at i onof Real t or sr epor t eds al esatt heupperend–mi l l i onpl us ar er i s i ngqui t es wi f t l y . Mar k etdat af r om t heI ns t i t ut ef orLux ur yHomeMar k et i ngc onfir mst hatc ompar edt oay earago, t hel ux ur ymar k eti st hr i v i ng. Pr oper t i esar e s pendi ng26f ewerday sonmar k et .Mor ehous esar es el l i ngev er yweekandt hemar k etac t i oni ndexc r eat edbyAl t osRes ear c hi sj us tone t i c kbel owas el l er ’ smar k et ,ar ar eoc c ur r enc ei nt hemi ddl eofanas t yFebr uar y .Thegoodpr i c eshav eev engener at edamodes tupt i c ki n i nv ent or yamongs el l er seagert ogeti nt ot heac t i on, al s ounus ual i nFebr uar y . Hot t es tmar k et sar eDenv er , Det r oi t , Honol ul u, LasVegas , Los Angel es ,Mi ami ,Phi l adel phi a,Phoeni x ,Seat t l eandVent ur a.
SOLI D NEWHOMESALESLI FTHOPESFORHOUSI NG MARKET.Denv er Pos t . c om,Febr uar y26,2014 As ur pr i s i ngl ys t r ongpac eofnewhomes al esl as tmont hhasboos t edhopest hatt hes pr i ngbuy i ngs eas onwi l lbes ol i denought ol i f tt he ov er al lec onomy .Sal esofnew homesr eboundedi nJ anuar yt ot hef as t es tr at ei nmor et hanfiv ey ear s .Ther epor tWednes dayf r om t he Commer c eDepar t menthel peds uppor ts t oc kpr i c es ,es pec i al l ys har esofhomebui l der s . Manyec onomi s t spr edi c tt hats al esofbot hnewandex i s t i nghomeswi l l r i s ei n2014, l i f t edbyani mpr ov i ngec onomyands t eadyj obgr owt h. "Des pi t ehi ghermor t gager at es ,t hef undament al sf ornewhomes al esandr es i dent i alc ons t r uc t i onar es ol i d, "s ai dSt uar tHof f man,c hi ef ec onomi s tatPNCFi nanc i alSer v i c esGr oup."Theec onomyi saddi ngj obsandi nc omesar egr owi ng,mak i nghous ehol dsmor ec onfident . " Sal esofnewhomesr os e9. 6per c ent .