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Suppose we observe two comparable properties that have both sold twice within the past two years. Property A sold 18 months ago for $550,000 and
Suppose we observe two comparable properties that have both sold twice within the past two years. Property A sold 18 months ago for $550,000 and Property B sold 6 months ago for $525,000. If the two properties were sold today at $625,000 and $560,000, respectively, estimate the change in market conditions (percentage change in price) per month, assuming we equally weight the two properties in our analysis. show work
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