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Politics : Sioux Nation
DJT 13.77-3.8%Dec 26 9:30 AM EST

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To: CalculatedRisk who wrote (63775)4/11/2006 4:26:22 AM
From: Wharf Rat  Read Replies (1) of 361857
 
Doode...check it out...

Housing Market Again
Posted by Stuart Staniford on Tue Apr 11 at 12:59 AM EST

Just a couple of quick graphs found on the econ blogs. The first, from Calculated Risk (one of my favorite blogs) is very striking:

The level of inventory is not high by historical standards, at least not yet, but the rate of acceleration in the last few months is really quite dramatic. How would you extrapolate that over the next year? It's hard to say, but the previous inventory peaks didn't start with nearly such an aggressive attack as this one is starting with.

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theoildrum.com

way to go
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