Chart of the Day: Bulk of homes sold at $2m in May

Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No Sale of units priced $2m-$3m dropped to 4%. This chart from Propnex research shows that a larger proportion of homes were sold in the price quantum brackets of under $2m. The trend was the most pronounced in May where 95% of new homes sold were valued at $2m and under. This is compared to 89% in April, 90% in March, 92% in February, and 73% in January. Meanwhile, units priced $2m-$3m dropped 5 percentage points to 4% in May. read more