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Abstract

24 October 2018 38 March 2019 29 February 2019 29 June 2019 33 May 2019 18 April 2019 19 Economists' note : Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes (i.e. comparing a month's sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next. September 2019 27 12.5% -6.3% 40.0% August 2019 30 July 2019 35