Flat inventory. 28% less sales than last Feb. (2012)
SFH prices YOY:
Median down 3.6%
Average down 3.8%
But benchmark comes to the rescue again - up 0.7%
Sales to active listings ratio = 10% ie MOI of 10.
The stats package is here
Fun with quant: MS Business Conditions edition - Marketwatch recently reported that Morgan Stanley's Business Conditions Index had deteriorated to levels last seen during the 2007-08 financial crisis. Wow...
9 hours ago