Thursday, August 28, 2008

CAR 2008 updated forecast, Round 4

Original:
Updated in April 2008:

Updated in June 2008:

Update August 2008:

(Click to enlarge)


A new California Association of REALTOR® forecast has been posted. You will notice they increased the number of sales by 53,300 since their previous forecast 2 months before. The C.A.R. also expects the median price to come in at $27,000 below their previous forecast and $178,000 below their original forecast. You'll notice the "e" next to 2008, this is now an estimate not a forecast. Let's hope their estimates are better than their forecast.

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