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Costar Repeat-Sale Analysis April 21, 2011

Posted by Sean Tufts in Articles, Research/Data, Retail News.
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This report is becoming one of my favorites to help decipher the mass of information that floods my inbox every week. The report does an excellent job of breaking down geographical and sector differences. The graph below is an excellent example of that:

As you can see the West Coast and retail in general are well off of their 2007 peaks. I highly recommend downloading the entire report, which can be found here (CCRSI-April2011) as it provides much more data.

Sales volume continues to climb from the depths, increasing 19% from the same month last year. Distressed sales accounted for one in five total sales during this period. Based on what we are seeing on the ground, we expect that percentage to drop as more stabilized product traded hands in March 2011 than we have seen in the last 3+ years.

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