by Calculated Danger on 11/25/2024 04:02:00 PM
Altos studies that lively single-family stock was down 0.4% week-over-week. Stock is now 2.8% beneath the height for the yr (5 weeks in the past).
Stock will now decline seasonally till early subsequent yr.
The primary graph exhibits 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 27.1% in comparison with the identical week in 2023 (final week it was up 26.7%), and down 17.5% in comparison with the identical week in 2019 (final week it was down 18.5%).Â
Again in June 2023, stock was down virtually 54% in comparison with 2019, so the hole to extra regular stock ranges is about two-thirds closed.
This second stock graph is courtesy of Altos Analysis.
As of Nov twenty second, stock was at 719 thousand (7-day common), in comparison with 722 thousand the prior week.Â
