Stock Down 0.1% Week-over-week, Up 38.0% Yr-over-year

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by Calculated Threat on 9/09/2024 08:17:00 AM

Altos experiences that lively single-family stock was down 0.1% week-over-week. Stock is now up 42.4% from the February seasonal backside.  


Click on on graph for bigger picture.

This stock graph is courtesy of Altos Analysis.

As of September sixth, stock was at 704 thousand (7-day common), in comparison with 704 thousand the prior week.   

It’s doable stock is at or near the height for the 12 months (this could be regular timing pre-pandemic).

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

Altos Year-over-year Home Inventory

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

Stock was up 38.0% in comparison with the identical week in 2023 (final week it was up 38.2%), and down 25.7% in comparison with the identical week in 2019 (final week it was down 26.6%). 

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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