The housing market in the city of Greensboro is showing strength going into 2012. Looking at the last 9 calendar quarters the market hit a low in the last quarter of 2010 and has been gaining since.
There was an artificial bump near the end of 2010 because of the first time home buyer tax credit.
The data is from listings sold in the City of Greensboro for the last nine quarters through the third quarter of 2011.
Across the Triad as a whole listings sold data shows stability. There is slow and sustained growth from the same apparent bottom at the end of 2010.
