Today,
monthly home sales statistics were released by the
Virginia Association of Realtors.
As reported by WSVA today....
"sales of single family homes slumped in Harrisonburg and Rockingham County by a modest two-percent compared to the same month last year." And yet, you might remember that
I reported on those same statistics (Oct '06 versus Oct '07) and indicated that sales were up 23%.
What gives??It's actually quite simple --- the Virginia Association of Realtors only tabulates single-family homes (not townhomes) --- my numbers always include both single family homes and townhomes.
So...yes...the number of single family homes sales (Oct '06 versus Oct '07) decreased by 2%. But, a more meaningful analysis points out that:
Oct '06 versus Oct '07 shows a
23% increase in sales of single-family homes and townhomes. (
click here)
AND....
Nov '06 versus Nov '07 shows a
28% increase in sales of single-family homes and townhomes. (
click here)
Always check the facts . . .
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