Double-Digit Growth

Definition

Real estate market appreciation or rental growth exceeding 10% annually. It's what everyone talks about before the market crashes.

Example Usage

San Francisco residential property experienced double-digit growth for five years straight.

Origin

General economic terminology applied to real estate markets

Fun Fact

Double-digit growth is usually a warning sign that valuations have become detached from fundamentals.

Source: National Association of Realtors

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