Stock up 1.6% Week-over-week, Up 37.2% 12 months-over-year

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by Calculated Danger on 9/23/2024 08:11:00 AM

Altos studies that lively single-family stock was up 1.6% week-over-week. Stock is now up 46.8% from the February seasonal backside.  


Click on on graph for bigger picture.

This stock graph is courtesy of Altos Analysis.

As of September twentieth, stock was at 725 thousand (7-day common), in comparison with 714 thousand the prior week. 

That is the best degree of stock since Could 2020.  

The second graph exhibits the seasonal sample for lively single-family stock since 2015.

Altos Year-over-year Home Inventory

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

Stock was up 37.2% in comparison with the identical week in 2023 (final week it was up 37.4%), and down 24.0% in comparison with the identical week in 2019 (final week it was down 25.2%). 

Again in June 2023, stock was down virtually 54% in comparison with 2019, so the hole to extra regular stock ranges is slowly closing.

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