November Market Analysis

Today the Mass. Assoc. of Realtors released sales data for the month of November. These lagging data show the continuation of trends that have developed over 2005 - slowing sales, and price appreciation dropping from double digits, to single digits, and now close to flatline. No year over year decreases yet, but the trend is ominous.

Over the next couple days I will post historical data for single family and condo prices and sales for the last three years. I think these give the best indication of where we've been.

-DT