Question: Suppose that we observe two comparable properties that have each sold twice within the past two years. Property A sold 24 months ago for $575,000

Suppose that we observe two comparable properties that have each sold twice within the past two years. Property A sold 24 months ago for $575,000 and Property B sold 18 months ago for $535,000. If the two properties were sold today at $600,000 and $555,000, respectively, estimate the change in market conditions (percentage change in price) per month, assuming we equally weight the two properties in our analysis

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