July Credit Suisse

credit suisseThe July Credit Suisse Monthly Real Estate Survey is in.  According to the survey it Headlines, looks like there is a Summer Pause, as Buyers Pull back from Higher Rates.

The key points of the survey are:

  • Higher Rates begin to cool demand
  • Buyer Traffic takes a step back
  • Prices continue to rise, but ease a bit
  • Inventory and time to sell remain favorable.

Be sure to take a look at the entire survey to find out what is going on in your specific area.  Also you can refer back to my last post of a summary of San Luis Obispo County market activity.

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