Stock down 2.5% Week-over-week, Up 26.8% Yr-over-year

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by Calculated Threat on 12/30/2024 08:11:00 AM

Altos stories that energetic single-family stock was down 2.5% week-over-week.

Stock will proceed to say no seasonally till early subsequent yr and doubtless backside in late January or February.

The primary graph exhibits the seasonal sample for energetic single-family stock since 2015.


Click on on graph for bigger picture.

The crimson line is for 2024.  The black line is for 2019.  

Stock was up 26.8% in comparison with the identical week in 2023 (final week it was up 26.3%), and down 16.8% in comparison with the identical week in 2019 (final week it was down 16.9%). 

Again in June 2023, stock was down nearly 54% in comparison with 2019, so the hole to extra regular stock ranges has closed considerably!

Altos Home InventoryThis second stock graph is courtesy of Altos Analysis.

As of Dec twenty seventh, stock was at 651 thousand (7-day common), in comparison with 667 thousand the prior week. 

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