• Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
Dividend Stocks Report
No Result
View All Result
Home Stock News

Housing Inventory Nov 8th Update: Inventory Down 3.1% Week-over-week

by
November 8, 2021
in Stock News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Related Posts

Judge allows Dominion’s $1.6 billion defamation lawsuit against Fox to go to trial

Trump campaign uses newly restored Facebook page to fundraise off indictment

Millions will start losing Medicaid coverage as Covid safety net is dismantled

Schwab Hit by Worst Month Since 1987 Amid Cash Sorting Woes

by Calculated Risk on 11/08/2021 01:44:00 PM

Tracking existing home inventory will be very important this year.

Click on graph for larger image in graph gallery.

This inventory graph is courtesy of Altos Research.

As of November 5th, inventory was at 401 thousand (7 day average), compared to 530 thousand for the same week a year ago. That is a decline of 24.3%.
Compared to the same week in 2019, inventory is down 55.3% from 898 thousand. A week ago, inventory was at 414 thousand, and was down 23.9% YoY.
Seasonally, inventory bottomed in April (usually inventory bottoms in January or February). Inventory was about 31% above the record low in early April.
Inventory peaked for the year in early September. Nine weeks ago inventory was at 437 thousand (the peak for the year), so inventory is currently off about 8.2% from the peak for the year.
Mike Simonsen discusses this data regularly on Youtube.
Altos Research has also seen a significant pickup in price decreases – now well above the level of a year ago – but still below a normal rate for October.
Next Post

Dow gains 100 points after Congress passes infrastructure bill

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Popular Posts

Stock News

Trump campaign uses newly restored Facebook page to fundraise off indictment

by
March 31, 2023
0

In this article META Follow your favorite stocksCREATE FREE ACCOUNT An advertisement soliciting donations for former U.S. President Donald Trump...

Read more

Trump campaign uses newly restored Facebook page to fundraise off indictment

Judge allows Dominion’s $1.6 billion defamation lawsuit against Fox to go to trial

Millions will start losing Medicaid coverage as Covid safety net is dismantled

Schwab Hit by Worst Month Since 1987 Amid Cash Sorting Woes

The Newest ‘Bubble’ Is in Money-Market Funds

GE Stock Breaks Out To New High After Soaring More Than 45% — Is It A Buy?

Load More

All rights reserved by www.dividendstocksreport.net

  • Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
  • Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.