Part 9 (and again in Late March of 2018) I’ve been wondering about the “Hot Market” Sales Spikes that occurred in Q1 of 1991 & 1994 – Looking now using “Time Excerpts” from the Fabulous Charts at Paul Zammit Realty Ltd (www zammit.com)

Here’s the whole thing —1972-2017   Here’s the “Time Excerpts” -the peak-to-trough period 1989-1997 Blue on Left is Average Prices (red) vs Mortgage Rate (white) Purple on Right is Units Sold (column) vs Ave Prices (line)   I’ll work on recalling what interest rate & socio-poli events were taking place to push sales in middle…