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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (37332)7/30/2005 9:04:54 PM
From: CalculatedRisk  Respond to of 110194
 
I understand that July usually shows an increase from June in inventories, but ... last June (2004) was 2,378,000, this June 2,653,000 ... an increase of 11%.

I'm projecting around 2.9 million units at the end of July (tomorrow! - can you believe July is over?). That would be about 19% over '04 July.

So I think some of the increase is normal seasonal factors and some is generally rising inventories.

Of course I could be overly pessimistic too.



To: ild who wrote (37332)7/30/2005 10:49:39 PM
From: russwinter  Read Replies (2) | Respond to of 110194
 
Virtually every YOY listing number I've seen has increased listings, very often significantly (50% plus) so. Orange County seems an oddity, an outlier, no idea why? It most certainly isn't going to be insulated from the larger picture though.


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