[Three Cents Worth NY #222] Is the Bottom Falling Out of Inventory?
Posted by Jonathan Miller - Tuesday, February 5, 2013, 2:35 PM
It’s time to share my Three Cents Worth (3CW) on Curbed NY, at the intersection of neighborhood and real estate in the capital of the world…and I’m here to take measurements.
Read this week’s 3CW column on @CurbedNY:
Since the housing headline data theme of our January market report gauntlet in all 16 markets was the severe drop in inventory, I thought I’d break it down further. I looked at the transition from the month of December to January by week over the past four years to demonstrate two patterns: the level of inventory and the seasonality of inventory. Incidentally, the seasonal pattern for the prior 12 years I have the data for is nearly the same as 2010-2012, with the exception of 2008…
[click to expand chart]
Today’s Post: Is the Bottom Falling Out of Inventory? [Curbed]
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