Housing market bucks the trend
family homes, condos and co-ops.
The Trulia data is one of many sources that local real estate agents consider when trying to gauge how the market is doing; but they caution that it shouldn’t be considered an absolute source of information.
John Petrack, executive vice president of the Realtors Association of Metropolitan Pittsburgh, said housing inventories vary greatly within the greater Pittsburgh area and can change quickly. In areas such as Ross and McCandless, the number of houses on the market is relatively low, making it a seller’s market. But along some of the river communities, in Pittsburgh’s West End and most of the South Hills, they have a solid inventory, Mr. Petrack said.
“All real estate is local,” he said.
The Current is a new series that uses data to provide new insight about life in Western Pennsylvania. It will appear every Monday — alternating between sports and news. Liz Navratil: email@example.com, 412-263-1438 or on Twitter @LizNavratil.