Sunday, July 23, 2006

Number of sold listings: Bouncing back

Contra Costa/Alameda housing market experienced a nice rebound in February after months of sharp decline. Our chart above indicates the 20-day moving average of the daily number of sold listings hit the bottom and started bouncing back in mid February. Unfortunately, this rebound appears to be coming to a halt by the end of April. It's been moving sideways since then (red arrow).


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