Clik here to view.
Clik here to view.
Shambling away from affordability again, July 2023
The bounce back in prices this year has dragged up both the valuation index, and the monthly payment index (the latter to a new high for the cycle, thanks to stubbornly high mortgage rates).In the...
View ArticleClik here to view.
Clik here to view.
September housing data: buyers gain some ground
Last month, home sales weakened even further……while inventory crept upward……resulting in a nice pop in months of inventory: Here’s some perspective on that rise. Months of inventory is still quite low...
View ArticleClik here to view.
October 2023 housing data, laconic version
Hi friends, sorry for the delay. Looks like another month in favor of the buyers, though that’s kind of the norm for this time of year. Charts below:
View ArticleClik here to view.
November 2023 housing data: inventory on the rise
Sales have been creeping down, which is normal for this time of year:But inventory has been creeping up, which is not:The result has been a significant rise in the all-important months of inventory...
View ArticleClik here to view.
December 2024 housing graphs: inventory pulls back, but so do prices
December is always seasonally wacky, but here for what it’s worth are the final graphs for 2023. Months of inventory declined a bit, and rates declined more than a bit, but prices weakened last month...
View ArticleClik here to view.
January 2024 housing data: prices back in sync with inventory
The typical year-end drop in inventory took place, and prices popped, pushing this typically tight relationship more in line:Looking at the month by month graphs, it’s kind of amazing how similar...
View ArticleClik here to view.
February 2024 housing data: more… standoff…
Based on a good idea by pigg sdrealtor, I made the following change to the “month by month” graphs: instead of showing the past 4 years, I show the past three years, plus a dotted line showing the...
View ArticleClik here to view.
March 2024 housing graphs
Hi folks, I’ve been a bit busy so I’m just publishing the charts this month, no rambling. Enjoy!
View Article
