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Peterborough zero BC with the details Peter what are -- well I existing home sales dropping about 2% in September to four point 75 million units on a seasonally adjusted annualized basis but.
Compared to September last year sales were up 11%.
Price is up 11% to an inventory is down 20% year over year real -- say the numbers show the housing market recovery is real.
But not everybody is convinced.
We are seeing -- one break out -- better condition in the housing market.
-- we did have a month to month setback but the broader trend -- -- housing market.
Recovery momentum is building.
I just think -- the fundamentals.
Again all of those things that drive competence and capacity.
Employment consumer confidence.
Household net worth those things are still wild cards I don't see how those by themselves are going to be that -- -- the engines of growth as it relates to housing market.
Average price of -- home sold last month 184000.
Dollars back -- you.
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