Relevant:
- Existing Home Sales Fall 2.6% to 4.86 Million in June
- U.S. new-home sales climb to best level since late 2007
- Mr. Mortgage: July Home Sale Surge, But Market Worsens (Existing Home Sales Preview)
- Existing Homes: Months of Supply vs. Real Prices
- Historical Housing Graphs: Months of Supply, Sales and Inventory
2010-09-09 — calculatedriskblog.com
Interesting; good charts. Looks like around 4 months supply is a bull market and above 8 definitely a bear market for existing home sales (we are heading above 8 again now); 6-7 months of supply seems "normal" for new homes.
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