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
Just overbought, or a "good overbought" signal? - *Mid-week market update:* In the past two weeks, I have become progressively more bullish on stocks (see A capitulation bottom? and Buy signals everywhere)...
18 hours ago