Now that we're entering the last 3rd of the year, the numbers are starting to be more predictable. And in fact, the 08/15 numbers are exactly the same as the numbers through 07/31.
Bottom line:
Northside condo sales for 2009 are expected to be down 37% from 2008.
This of course is an average of all the "northside" neighborhoods (Lincoln Park, Lakeview, Near North, Uptown, Edgewater, Lincoln Square, North Center, Albany Park, Irving Park, Logan Square, Bucktown/Wicker Park). Individually, North Center and Irving Park are down the least. Bucktown/Wicker Park, Lakeview and Albany Park are faring the worst.
Contracts are another indicator to watch. In 2009, contracts through 08/15 are down 28%.
Single family home numbers tomorrow...
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