by Calculated Danger on 8/19/2024 08:12:00 AM
Altos reviews that energetic single-family stock was up 0.8% week-over-week. Stock is now up 41.4% from the February seasonal backside.
Click on on graph for bigger picture.
This stock graph is courtesy of Altos Analysis.
As of August sixteenth, stock was at 698 thousand (7-day common), in comparison with 693 thousand the prior week.
That is the best stage of stock since June 2020; nonetheless, stock continues to be nicely beneath pre-pandemic ranges.
The second graph exhibits the seasonal sample for energetic single-family stock since 2015.
The crimson line is for 2024. The black line is for 2019.
Stock was up 40.4% in comparison with the identical week in 2023 (final week it was up 40.5%), and down 26.8% in comparison with the identical week in 2019 (final week it was down 27.5%).
Again in June 2023, stock was down nearly 54% in comparison with 2019, so the hole to extra regular stock ranges is slowly closing.
