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Michigan Real Estate Market Indicators – May 2012

Report Summary

  • US Auto sales for 2011 were up 9.5%
  • The unemployment rate in Michigan is continuing its downward trend dropping to 8.5% in March.
  • Foreclosures are continuing their downward trend down 36% year over year.
  • Home prices are on a downward trend over the short term, but prices are generally flat since 2009.
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This entry was posted on May 6, 2012, 11:08 am and is filed under Michigan Real Estate Market. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.

  1. #1 by nate on July 17, 2012 - 9:58 am

    Helpful report. House sales prices, unemployment, auto sales, and foreclosures all make sense for Southeast Michigan indicators.

    Nate

    Reply

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