by Calculated Threat on 5/13/2024 08:11:00 AM
Altos studies that lively single-family stock was up 1.6% week-over-week. Stock is now up 15.2% from the February backside, and nearly above the utmost for stock final 12 months!
Click on on graph for bigger picture.
This stock graph is courtesy of Altos Analysis.
As of Could tenth, stock was at 568 thousand (7-day common), in comparison with 560 thousand the prior week.
Stock continues to be far under pre-pandemic ranges.
The second graph reveals the seasonal sample for lively single-family stock since 2015.
The pink line is for 2024. The black line is for 2019. Notice that stock is up 83% from the document low for a similar week in 2021, however nonetheless nicely under regular ranges.
Stock was up 35.0% in comparison with the identical week in 2023 (final week it was up 33.1%), and down 36.6% in comparison with the identical week in 2019 (final week it was down 36.8%).
Again in June 2023, stock was down nearly 54% in comparison with 2019, so the hole to extra regular stock ranges is slowly closing.
