Here’s a mini-roundup of different takes on yesterday’s Consumer Confidence Index release: The Big Picture: What Happens When Consumer Confidence Falls 10-Points? Zero Hedge: Spinning The Consumer Confidence Number Mish’s Global Economic Trend Analysis: Consumer Confidence Plunges To 46 Mish’s Global Economic Trend Analysis: Is Consumer Confidence a Contrarian Indicator? Click through below for an…
Category: Statistics
Statistics, number-based analysis, etc.
Case-Shiller Tiers: Low Tier Still Flatlining
Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…
Case-Shiller: Seattle Prices Headed South for Winter
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to December data, Down 0.7% November to December. Up 0.2% November to December (seasonally adjusted). Down 7.9% YOY. Down 23.3% from the July 2007 peak Last year prices fell 3.6% from November to December (not seasonally adjusted) and year-over-year prices…
January Seasonally-Adjusted Active Supply by Neighborhood
Let’s check in on our January monthly neighborhood update to the neighborhood breakdown of Seasonally-Adjusted Active Supply (SAAS). For an explanation of what seasonally-adjusted active supply is, please refer to this post. Also, you may view a map of the areas discussed in this post. As usual, courtesy Tableau Software (available free to use online),…
Comparing January Sales Rates Across Western WA
Let’s take a slightly geographically broader look at home sales than we usually restrict ourselves to. In the Tableau viz below, you’re looking at all the NWMLS data on the number of closed single-family sales in Western Washington for every January since 2000. The “heat” number is simply the number of closed SFH sales divided…