I just watched this video and though I am a huge proponent of C.A.R. and the information that they provide, I think that one part of the data can be misleading. When they talk about a huge rise in the transactions, that doesn't necessarily mean that home prices are rising, it means that there are buyers interested in purchasing homes at the selected price.
The consumers that I talk to relate the activity to increased home prices. Though a good sign of recovery, as of yet, this is not the case.
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