Not exact matches
This would help dampen house
price volatility; the total tax burden on a
property rises with the value
of the
property, pushing up the
overall purchase price and making the
property less attractive as an investment.
Check the recent historical
price data for
properties in the area
of the country you're considering
purchasing in and try to determine the
overall feel in the market for
prices currently.
The median
purchase price of these
properties was $ 219,400, 26 % higher than the
overall median sale
price of existing homes.