Metropolitan Monthly Monitors: Metro Resale Index April 2010

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Metropolitan Monthly Monitors: Metro Resale Index April 2010

Urban City Economic Analysis

Author: Robin Wiebe

$50.00

  • Outsized supply hikes dominated March resale news. Listings rose year-on-year in 25 of 28 markets—and by 10 per cent or more in 20 of those markets.
  • Sales also continued strong. Volumes exceeded February’s level in 25 markets, and beat the year-earlier pace in all 28.
  • Hefty price increases continue. Year-over-year price growth was at least 10 per cent in 16 of 28 markets. Balanced conditions in 25 markets should trim such advances.
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