SFH sales in MHD in 2012 reached 229, the highest level since 2004, which was an exceptional year.
Condo sales remain well below the levels of earlier in the century for the reasons outlined in my December 8 post:
Sales of Single Family Homes have reached 200 for the year for the first time since 2007. Good news.
Much like the New Year’s Eve Ball Drop countdown in Times Square (but with a billion or so fewer people watching), the countdown is on to reach 200 SFH sales for the first time since 2007, another sign of a market returning to normal.
Here is a table showing sales for the last 12 years with the date that the 200th sale was recorded (in the years when sales reached that level).
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