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Scientific Wild Ass Guesses For Q3/Q4

Started by printer
almost 17 years ago
Posts: 1219
Member since: Jan 2008
Discussion about
At spinnaker's suggestion: Let's get it out there on where you think inventory will go to, using UD's numbers as the measuring stick. I'll go first. My gut is that we've already bottomed, so I think that inventories will remain below the previous peak, which I think was about 11,200. So I'll say 10,700.
Response by Mhillqt
almost 17 years ago
Posts: 405
Member since: Feb 2007

According to July figures we have had a 7% increase in home sales in july......but again...manhattan is a differant animal......

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

I think we'll see another inventory jump simply with the summer ending and things being put back on market.

Even after that "big" jump in volume, UD stats still showed that new listings outweighed sales the entire time. So its just an issue of having listings posted or not, and I think that returns post-summer.

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