Tuesday, June 23, 2015

OCHN: "Months of Supply" is worst indicator of housing market activity

The “months of supply” indicator has little or no predictive power and often gives a false impression of the strength or weakness of the real estate market.

The “months of supply” is a measure of market absorption, providing a reading of how fast homes are selling...
"Months of Supply" is worst indicator of housing market activity

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