The PTC Index is a monthly measurement of the vibrancy of the Treasure Valley real
estate market. Based on a custom weighted algorithm, it combines eight critical
measurements of the real estate market into a single, useful number: the PTC Index.
Building permits posted a gain of nearly 41 percent over February and up 18 percent from a year ago.
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New home sales last month skyrocketed by 31 percent and nearly 20 percent from a year ago. Also making big headways were existing home sales which increased by nearly 40 percent from the month prior and up slightly from a year ago by 7 percent.
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Once again, this month marks another record-breaker with sales prices in Ada and Canyon County posting an average of $294,521. This price reflects an increase of five percent versus February and mind-boggling 22 percent from a year ago.
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Data taken from "PTCIndex.com".
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