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michigician OP t1_jb2v6k1 wrote

Data Source: https://www.realtor.com/research/data/

Original content made using QGIS and Libreoffice Calc.

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bippidyboppidyboo4u t1_jb430ve wrote

Just to make sure I’m reading this right, there are still house price increases in a substantial number of counties despite a massive increase in loan interest rates?

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hallese t1_jb4lbef wrote

Correct, although I think this is potentially a little misleading for two reasons. First, housing prices didn't start to feel the effects of higher interest rates until May or June of 2022. Decking Second, and this one is anecdotal, I live in one of these orange counties and the types of houses being listed have also changed in the last year. There's fewer people listing there 80-year-old craftsman houses, and a higher proportion of brand new McMansions on the market, but the total number of units is way down.

Edit: Speech-to-text somehow turned "second" into "decking".

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