by Calculated Threat on 6/17/2024 08:11:00 AM
Altos reviews that energetic single-family stock was up 1.5% week-over-week. Stock is now up 25.6% from the February backside, and on the highest stage since July 2020.
Click on on graph for bigger picture.
This stock graph is courtesy of Altos Analysis.
As of June 14th, stock was at 621 thousand (7-day common), in comparison with 612 thousand the prior week.
Stock continues to be far under pre-pandemic ranges.
The second graph reveals the seasonal sample for energetic single-family stock since 2015.
The pink line is for 2024. The black line is for 2019. Be aware that stock is up 82% from the report low for a similar week in 2021, however nonetheless properly under regular ranges.
Stock was up 37.3% in comparison with the identical week in 2023 (final week it was up 37.8%), and down 34.2% in comparison with the identical week in 2019 (final week it was down 34.2%).
Stock ought to be above 2020 ranges for a similar week someday in July.
Again in June 2023, stock was down virtually 54% in comparison with 2019, so the hole to extra regular stock ranges is slowly closing.
