Contract Activity Up Five Percent In October 2023 And Other Also Accurate Headlines
Scott P. Rogers
These are all true...
[1] Contract Activity Up 5% In October 2023 Compared To October 2022.
[2] Contract Activity Down 51% In October 2023 Compared To October 2021.
[3] Contract Activity Down 24% In October 2023 Compared To Pre-Covid Norms.
Without numbers, I'd summarize them all as follows...
October contract activity is about on par with last October, a decent bit slower than pre-Covid levels and much, much lower than during the home buying (and selling) frenzy of the Covid times of 2020 and 2021.
