Stock Down 1.9% Week-over-week, Up 27.3% 12 months-over-year

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

Altos reviews that energetic single-family stock was down 1.9% week-over-week. 

Stock will now decline seasonally till early subsequent 12 months.

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


Click on on graph for bigger picture.

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

Stock was up 27.3% in comparison with the identical week in 2023 (final week it was up 29.8%), and down 19.2% in comparison with the identical week in 2019 (final week it was down 19.4%). 

Again in June 2023, stock was down virtually 54% in comparison with 2019, so the hole to extra regular stock ranges is nearly two-thirds closed.

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

As of Nov eighth, stock was at 722 thousand (7-day common), in comparison with 736 thousand the prior week. 

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