WTF? We had great volume in July, lots of sales, but the benchmark house price didn’t go up at all. In fact at a benchmark price of $714,810 detached houses actually lost $905 in the month, hardly enough to get excited about, but shouldn’t prices be going up in a hot hot market?
Those at the lower end are still doing their part: Condos are up a healthy $4k from the previous month, while townhouses are up $5k, so what happened to the houses?