Housing April 29th Weekly Update: Inventory up 2.5% Week-over-week, Up
31.8% Year-over-year
-
Altos reports that active single-family inventory was up 2.5%
week-over-week. Inventory bottomed in mid-February this year, as opposed to
mid-April in 2023...
2 hours ago
4 comments:
Amazing how fast it recovered in just 10 years. People really love their financial assets in the new century. It has a bubbly look, but what do I know? Maybe the ratio will hit 3.0 before it comes down again.
Mr Slippery,
I'd say we're due for a nice 1982 to 2000 style prosperity wave.
Did I say due? I didn't mean to imply that there was a debt owed.
100% optimism here. Yes, sir.
If by "due" you mean after a 3 year plummet that makes the 2008 recession look like a mere hiccup, then I agree with you. That's what your graph says to me, anyway.
Who Struck John,
Intractable hiccups - they persist for longer than one month.
I don't even know why I bring it up.
Post a Comment