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What is YoY Growth?

YoY Growth (Year-over-Year Growth) in real estate refers to the percentage change in a property metric such as sales, prices, rentals, or revenue compared to the same period in the previous year. It is a key performance indicator used to measure how the real estate market or a specific property is performing over time.

How YoY Growth Works in Real Estate

YoY growth compares data from one year to the same period in the previous year to remove seasonal variations and provide a clearer view of long-term trends.

Formula:

((Current Year Value – Previous Year Value) ÷ Previous Year Value) × 100

Key Metrics Used for YoY Growth in Real Estate

  • Property prices: Measures changes in average residential or commercial property values
  • Sales volume: Tracks the number of properties sold over time
  • Rental income: Reflects growth in rental rates and income
  • Demand trends: Indicates buyer or tenant activity levels
  • Construction activity: Monitors new project launches and completions

YoY Growth is a powerful real estate metric that helps measure long-term market trends by comparing current performance with the previous year. It provides a clear understanding of whether property values, sales, and rental demand are increasing or slowing down.

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