Inventory growth is slowing
Posted: Thu Feb 14, 2008 12:30 pm
This is an update to a blog post I made last month
Looks like inventory growth has leveled out at about +40 per day
January mid-point growth was:
SFH: 53/day
Condo: 22
total: 75
January full-month growth:
SFH: 34/day
Condo: 12
total: 46
February mid-point as of today:
SFH: 28/day
Condo: 11
total: 39
So it is slowing, but not stopping by any means. I expect it will pick up again as we hit spring.
Looks like inventory growth has leveled out at about +40 per day
January mid-point growth was:
SFH: 53/day
Condo: 22
total: 75
January full-month growth:
SFH: 34/day
Condo: 12
total: 46
February mid-point as of today:
SFH: 28/day
Condo: 11
total: 39
So it is slowing, but not stopping by any means. I expect it will pick up again as we hit spring.