by Calculated Threat on 11/18/2024 08:11:00 AM
Altos stories that lively single-family stock was up 0.1% week-over-week. Stock is now 2.4% under the height for the yr (4 weeks in the past).
Stock will now decline seasonally till early subsequent yr.
The primary graph reveals the seasonal sample for lively single-family stock since 2015.
The crimson line is for 2024. The black line is for 2019. Â
Stock was up 26.7% in comparison with the identical week in 2023 (final week it was up 27.3%), and down 18.5% in comparison with the identical week in 2019 (final week it was down 19.2%).Â
Again in June 2023, stock was down nearly 54% in comparison with 2019, so the hole to extra regular stock ranges is about two-thirds closed.
This second stock graph is courtesy of Altos Analysis.
As of Nov fifteenth, stock was at 722 thousand (7-day common), in comparison with 722 thousand the prior week.Â