Quote:
Originally Posted by njriverman
In the stock market they graph prices and that defines highs and lows. The press doesnt really carry stats or graphs on volume, that is shares traded.
In real estate it seems volume is talked about as much as prices.
Of course they are interrelated but which do most of you consider dominent- average prices or units sold?
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Media aside, stock traders regard volume as an important statistic. Volume is an indicator of liquidity in the market. If noone is buying, it doesn't matter what prices are. The same goes for real estate. Both volume and price are important statistics.