Supply Up, New Homes Sales Down

Wednesday, March 01, 2006 | 06:00 PM

Hey! Its the most basic law of economics: Supply & Demand:

First, lets look at Supply:

New 1-Family Houses For Sale: Months Supply




Uh-oh:  More supply coming on line:

New Houses (for sale) Under Construction




The rounded top of units sold:

New 1-Family Houses Sold: 3-month MovingAverage




Sales of New Homes Cooling Down
Asha Bangalore
Northern Trust, February 27, 2006

Wednesday, March 01, 2006 | 06:00 PM | Permalink | Comments (6) | TrackBack (0) add to | digg digg this! | technorati add to technorati | email email this post



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i love it when they say 'it's different this time', the Fed wont screw up like they have so regularly in the past, homebuilders learned from past mistakes and wont overbuild, blah blah blah. that blue-line graph of new homes under construction is leaping off the page into, well, blue-sky

Posted by: scorpio | Mar 1, 2006 7:19:21 PM

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