by Calculated Threat on 9/09/2024 08:17:00 AM
Altos studies that energetic 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 yr (this could be regular timing pre-pandemic).
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 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.
