Attached below is the market analysis by major locale for the Denver area. You will note that the unseasonlized numbers and seasonilzed numbers are divergent. Denver is strongly seasonal, with a 20% variance from Winter to Summer home sales. As a result, during the November/December timeframes, wild swings take place in months of inventory.
Seasonalizing the data (using trailing 12 months' average monthly sales) provides insights about the fundamental strengths of the market over the longer term.
Posts
No comments:
Post a Comment