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SHILOH
16 years ago

the link that says “please
the link that says “please contact us” doesn’t seem to lead to a contact option.

ucodegen
16 years ago
Reply to  SHILOH

As I said, there is nothing

    As I said, there is nothing too exciting in these numbers. Prices didn’t really change and inventory increased a little but not much. The most significant change was the one-month drop in sales volume, which, being just one month and a holiday-distorted month at that, may or may not be meaningful.

Actually, I find this kind of interesting. Both an increase in prices and an increase in inventory. Is there any numbers on completed sales for the corresponding months? It looks like there is an anticipation of good sales volume this spring (reflected in the pricing) but it is not supported by actual sales volume (reflected in the increasing inventory). This seems to indicate to me that the increase in prices we are seeing here, is not supported by the market.. (no confirmation in price move with corresponding increase in volume)

lurkor
16 years ago
Reply to  ucodegen

Actually, I find this kind
Actually, I find this kind of interesting. Both an increase in prices and an increase in inventory.

How do you figure an increase in prices? Price per square foot was down for both types, and this is the most accurate measure.

Your thing about anticipation could be right, but if so it’s only slowing down the price decline, not causing price increases.

ucodegen
16 years ago
Reply to  lurkor

How do you figure an

    How do you figure an increase in prices? Price per square foot was down for both types, and this is the most accurate measure.

Look at the last two tickmarks on the price/square foot… higher than the previous. The RE shills consider this as indicative of the end of the slowdown.. It is not confirmed by reduction in inventory though.

lurkor
16 years ago
Reply to  ucodegen

got it. thanks for
got it. thanks for clarifying.