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New Year’s Look Back at 2007-2017 Housing Cycle

The calendar is a wonderful thing. When December ends and the new year begins, it feels like a fresh start. You have a whole year ahead of you to accomplish whatever goals you’ve set.

Can you believe that it has been 10 long years since the global Financial Crisis of 2007-2008 and what a ride it's been! View our charts below to have a look at what has been happening in our local housing market in the decade since.

All eyes are on the housing market as we settle back into more normalized market conditions. The average price appears to have stabilized after last year's record 23% jump. We'll be monitoring housing statistics carefully and will continue to keep you informed in our monthly updates throughout the coming year.

Best wishes for a happy and prosperous 2018.

John & Cathy

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