Limited inventory levels, reported in virtually all agricultural centres, continued to contribute to strong
upward pressure on the price per acre in 88 per cent (15 of 17) of the markets examined in the report.
Not exact matches
Downward
pressure on home
prices tends to happen when the ratio dips below 12
per cent for a sustained period, while
upward pressure tends to occur when it falls above 20
per cent for several months.
The 2005 Re / Max Recreational Property Report, which covers almost 50 major centres from coast - to - coast, says that
upward pressure on pricing has now eased in 34
per cent of markets nationwide.