[jyl]

Originally posted by VenezianBlau 87
How did the "date of sales" relate to the prime rate or some other indicator? Higher rates should slow things down a bit.

Portland market was rising during the sample period, so date of sale was a predictive variable.

Long-term rates haven't risen much in past year. Here is a neat animation


http://stockcharts.com/charts/YieldCurve.html