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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (234048)	12/22/2009 8:38:14 PM
From: CalculatedRisk	Read Replies (1) \| Respond to of 306849

Housing sales are seasonally adjusted (although inventory isn't). And the NAR used the SA housing sales numbers to calculate months-of-supply. Here are their numbers today: realtor.org If they used NSA numbers, it would have been 7.5 months of inventory. So your comments on seasonality are wrong. Sorry the excess inventory isn't obvious to you. But you have a lot of company - like the "best research" guys! <G> Views differ. So what? best wishes P.S. I called the bottoms for housing starts and new home sales early this year - and went 100% long the market in late Feb/early Mar - so I'm no permabear. I just write what I think - if you disagree with me fine. No big deal.