There has been a drop is pervieced prices (if that is the right word to use in this context).
You buy a house for $350K, renovate using $50K and try sell for $500K as that is the value 'you' put on the property.
The market decides the real price which in this case may only be $385K. Actual price has gone up 10% however the owner has lost money so cries foul how the market has turned.
i have proof props have been rising, page-10
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Last
$62.28 |
Change
0.440(0.71%) |
Mkt cap ! $12.07B | |||
| Open | High | Low | Value | Volume |
| $61.93 | $62.62 | $61.71 | $12.44M | 199.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $62.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $62.48 | 20 | 1 |
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