by Calculated Danger on 8/12/2024 08:12:00 AM
Altos reviews that lively single-family stock was up 1.3% week-over-week. Stock is now up 40.2% from the February seasonal backside.
Click on on graph for bigger picture.
This stock graph is courtesy of Altos Analysis.
As of August ninth, stock was at 693 thousand (7-day common), in comparison with 684 thousand the prior week. Â
That is the very best stage of stock since June 2020; nevertheless, stock remains to be effectively beneath pre-pandemic ranges.Â
The second graph reveals the seasonal sample for lively single-family stock since 2015.
The purple line is for 2024. The black line is for 2019. Â
Stock was up 40.5% in comparison with the identical week in 2023 (final week it was up 39.9%), and down 27.5% in comparison with the identical week in 2019 (final week it was down 28.9%).Â
Again in June 2023, stock was down virtually 54% in comparison with 2019, so the hole to extra regular stock ranges is slowly closing.
