Inventory Graphs

[theredviper]

(03-07-2013, 09:12 AM)b5baxter Wrote: Over the last 30 days the average daily increase was:
55
At this rate we would reach 16,000 in 5 days (Mar-12-13)
At this rate we would reach 20,000 in 78 days (May-23-13)
and 25,000 by August 22, 2013
Last year during this same 30 day period the averages was: 57
Last week the average was 56
Thanks PaulB for the numbers!

Thanks for the graph. I'm wondering if there might be a better way to show this while retaining all of the years of data, since this graph has become a little cluttered.

[b5baxter]

Here is the latest graph:

   

I have tried to make the current year standout more based on the request from @theredviper. Let me know if this is better or there are other ways to improve it.

[Mortgagebackedsecurity]

(03-14-2013, 10:18 AM)b5baxter Wrote: Here is the latest graph:



I have tried to make the current year standout more based on the request from @theredviper. Let me know if this is better or there are other ways to improve it.

loving the choice of the thick, brown line.

[Drachen]

(03-14-2013, 08:47 PM)Mortgagebackedsecurity Wrote: loving the choice of the thick, brown line.

Are you suggesting 2013 is smearing its way into the record books, like a dog wiping on the carpets of real-estate professionals across the region?

[theredviper]

(03-14-2013, 10:18 AM)b5baxter Wrote: I have tried to make the current year standout more based on the request from @theredviper. Let me know if this is better or there are other ways to improve it.

Hey thanks, looks good.

[b5baxter]

   

Inventory growth seems to have slowed - unless you compare it to last year. During the past 14 days growth averaged 36 / day. During the same period last year year the average was 34 /day. And last week it was 30/day.

Last spring and summer we saw continuous price erosion. Given that inventory is higher this year and still growing at a faster rate than last year evidence would suggest we will continue to see further price erosion during the near future.

[b5baxter]

   

Over the last 14 days the average daily increase was:
24
At this rate we would reach 17,000 in 19 days (Apr-16-13)
At this rate we would reach 20,000 in 146 days (Aug-20-13)
Last year during this same 30 day period the averages was: 24
Last week the average was 36

Congratulations to PaulB!
(Sometime during the next few week weeks I will be taking a break from updating these inventory graphs for the same reason.)

[b5baxter]

   

Over the last 7 days the average daily increase was:
61
At this rate we would reach 17,000 in 0 days (Apr-11-13)
At this rate we would reach 20,000 in 50 days (May-30-13)

Last year during the same period the average was 35

Over the last 30 days the average daily increase was: 29
Last Year during the same period it was: 30
And last last week it was: 26

Inventory is at the highest level it has been for this time of year in the last decade. And it is increasing at a faster rate than the previous record for this period. This is a strong indication we will see further significant declines in prices.

[b5baxter]

Inventory seems to be following a similar pattern to last year - just at a slightly higher level. Last year this resulting in a 5% decline in prices. Will it happen again?

   

Over the last 30 days the average daily increase was: 38
At this rate we would reach 18,000 in 11 days (May-06-13)
At this rate we would reach 20,000 in 64 days (Jun-28-13)

Last year during this same 30 day period the averages was: 39
Last week the average was: 31

Thanks PaulB for the numbers!

[b5baxter]

   
Over the last 30 days the average daily increase was: 41
At this rate we would reach 18,000 in 13 days (May-15-13)
At this rate we would reach 20,000 in 61 days (Jul-02-13)

Last year during this same 30 day period the averages was: 39
Last week the average was 38
Thanks PaulB for the numbers!