Week 79: What’s Normal Anymore? John Engel’s Real Estate Column for the New Canaan Sentinel

What’s Normal Anymore? A graph of the last ten years of home sales in New Canaan shows 3,262 sales, 326 in a “normal” year, 4.38% of the roughly 7,434 housing units. 4.3% is the average turnover by the standards of the last 50 years. In the last decade the low was 243 sales in 2015 […]