Business & Investment

Calculated Risk: Home Inventory Updated December 6: Inventory Decreases 6.5% Weekly

NS Calculated risk above December 6, 2021 10:17:00 AM

Tracking existing home inventories this year and 2022 is very important..

Click on the graph to see a larger image in the graph gallery.

This inventory graph is Altos Research..

As of December 3, inventory was 350,000 (7-day average), but the same week last year was 481,000. This is a 27.1% decrease. Inventory is down 6.5% from last week.

Compared to the same week in 2019, inventory is down 58.0% from 834 thousand. Inventories a week ago were 375,000 units, down 24.9% year-on-year.

Seasonally Inventory bottomed out in April (Usually, inventory bottoms out in January or February). Inventories exceeded record lows in early April by about 14%.

Inventory peaked in early September of the year. When inventory was 437,000 (annual peak), inventory is now off by about 19.9% ​​from the annual peak.

Calculated Risk: Home Inventory Updated December 6: Inventory Decreases 6.5% Weekly

http://www.calculatedriskblog.com/2021/12/housing-inventory-december-6th-update.html Calculated Risk: Home Inventory Updated December 6: Inventory Decreases 6.5% Weekly

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