HUGE drop in inventory. Thats gotta support pricing and start pushing up sooner or later.
If you are wondering why drop in inventory is much more than rise in contingency/pendings this is why. Things are moving into cont/pend just as fast as they were and things are moving out (i.e. closing sale) also. Its the amount of new inventory that just is lagging.
I will re-check numbers later but they look real so far. A 10% drop in inventory in one week is no less than astonishing if the numbers are right.
