The Cromford® Market Index Drops Below 70 for the First Time Since 2009

On October 21, the Cromford® Market Index for the market as a whole (all areas and dwelling types) fell to 69.9. It has not been below 70 since March 12, 2009. Any reading below 90 means the market favors buyers, and 69.9 is signaling that buyers are seizing control. This has been a steady slide,…

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