by Calculated Threat on 9/23/2024 08:11:00 AM
Altos reviews that energetic single-family stock was up 1.6% week-over-week. Stock is now up 46.8% from the February seasonal backside.
Click on on graph for bigger picture.
This stock graph is courtesy of Altos Analysis.
As of September twentieth, stock was at 725 thousand (7-day common), in comparison with 714 thousand the prior week.
That is the best stage of stock since Might 2020.
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.
Stock was up 37.2% in comparison with the identical week in 2023 (final week it was up 37.4%), and down 24.0% in comparison with the identical week in 2019 (final week it was down 25.2%).
Again in June 2023, stock was down nearly 54% in comparison with 2019, so the hole to extra regular stock ranges is slowly closing.