Consumer confidence hits a near 2-year low (no longer available)
Another dismal month for consumer confidence (subscription after today)
The Conference Board Consumer Confidence Index Declines Again
Home Prices Post Biggest Drop in 16 Years
Existing Home Sales 5.5 Million
Continuation of Negative Annual Returns in Housing
I’m looking for some good news, but unfortunately haven’t found it yet. Just looking at the numbers of sold homes in Charlottesville/Albemarle year-over-year these are the volumes of homes sold:
January – -23.53%
February – -36.89%
March – 1.75%
April – -5.23%
May – -6.67%
June – -44.77%
July – -40.61%
August – -41.67%
I promise that one day I’ll figure out how to export the data in a way that I can manipulate it into a pretty graph, but I think that the numbers speak for themselves.
Taking condos out of the data, though:
January – -65.22%
February – -58.75%
March – 0%
April – 7.19%
May – 0%
June – -14.57%
July – -8.72%
August – -16.36%
The numbers aren’t quite as discomforting.
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