Quote:
Originally Posted by troutman
MLS sales down 50% in January (wow):
http://www.calgaryherald.com/Homes/C...916/story.html
No matter how you look at it, Calgary's resale housing market took a beating in January compared with a year ago.
MLS sales plunged by a staggering 50 per cent, sending the average sale price of a single-family down by over nine per cent and 13 per cent for condominiums, according to the Calgary Real Estate Board. |
I would like to know the sales numbers for the last 5 years. Was January 2008 a higher sales total than previous years? To me these kind of facts may not give the full story. Statistics can be manipulated sometimes.
An example. I can say that gas prices has plunged in the last 8 months or so. Which they have but it doesn't mention that gas prices had climbed for months before that. So now gasoline prices are simply back to where they were 4 years ago.
So are the January sales totals simply back to where they were before?