http://brokewallstreeter.com/2009/06/us-real-estate-transactions-down-83-from-last-year/ Clawing my way out of the abyss Thu, 02 Sep 2010 14:26:54 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://brokewallstreeter.com/2009/06/us-real-estate-transactions-down-83-from-last-year/comment-page-1/#comment-47 Josh Wong Fri, 19 Jun 2009 17:59:44 +0000 http://brokewallstreeter.com/?p=389#comment-47 Transaction volume isn't even the best indicator of real estate strength (because most people will usually end up on both sides of a transaction meaning if they choose to move from their primary residence they'll buy and sell in the market conditions - "transactions" are commonly affected on both the buy and sell side regardless of a strong or weak market unless you are dealing with strictly investment property). The worst numbers to look at are the new housing starts which are down across the board. Transaction volume isn’t even the best indicator of real estate strength (because most people will usually end up on both sides of a transaction meaning if they choose to move from their primary residence they’ll buy and sell in the market conditions – “transactions” are commonly affected on both the buy and sell side regardless of a strong or weak market unless you are dealing with strictly investment property). The worst numbers to look at are the new housing starts which are down across the board.

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