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
$61.84 |
Change
0.200(0.32%) |
Mkt cap ! $11.99B | |||
| Open | High | Low | Value | Volume |
| $61.39 | $62.00 | $61.06 | $18.76M | 304.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 918 | $61.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $62.05 | 376 | 1 |
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