MARKET STUDY NO. 003 – SOUTHERN CALIFORNIA HOUSING MARKETS AND THE DOW JONES INDUSTRIAL AVERAGE
SOUTHERN CALIFORNIA HOUSING MARKETS AND THE DOWN JONES INDUSTRIAL AVERAGE
The following is an analysis conducted by HôM Sotheby’s International Realty – comparing the Dow Jones Industrial Average (DJIA) and the median sales prices of homes in Coastal Orange County and the Desert markets.
Why did we conduct this analysis:
HôM SIR is trying to prove the corollary nature of parallel markets.
Why did we select the DJIA:
It represents the top equities in the United States and HôM SIR represents the top residential real estate in the United States – with the greatest intrinsic value
Accompanying this summary are several graphs illustrating the DJIA and the median home sale prices from 2009 through 2016 – indicating the parallels – for the primary home markets…