August 2010 Real-time Housing Report | Altos Research: How’s The Market?

Aug 20, 2010


August 2010 Real-time Housing Report

This month’s housing data confirms what we’ve been saying for some time: the mini-”boom” of this spring was created by seasonal demand, with some extra help from pressure to meet deadlines for capitalizing on tax credits. Now that those are gone, buyer activity has all but come to a standstill.

Rapidly rising inventory, pricing weakness in the Altos 10- City Composite signal continued home price pressures in August and into the fall of 2010.

One Response to “August 2010 Real-time Housing Report | Altos Research: How’s The Market?”

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