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eyesthebye2 wrote:jimtan wrote:eyesthebye2 wrote:Thats it? 10%?
I would have expected the discount to be more buyer friendly
10% is pretty good right after the turn in the market. Huge de-acceleration and drama.
We're on course for a 30% SFH drop by EOY 2017 or spring 2018. Good
Thats it bud, 10%.
We're now headed in the opposite direction youd hoped.
eyesthebye2 wrote:jimtan wrote:eyesthebye2 wrote:Thats it? 10%?
I would have expected the discount to be more buyer friendly
10% is pretty good right after the turn in the market. Huge de-acceleration and drama.
We're on course for a 30% SFH drop by EOY 2017 or spring 2018. Good
Thats it bud, 10%.
We're now headed in the opposite direction youd hoped.
jimtan wrote:eyesthebye2 wrote:jimtan wrote:
10% is pretty good right after the turn in the market. Huge de-acceleration and drama.
We're on course for a 30% SFH drop by EOY 2017 or spring 2018. Good
Thats it bud, 10%.
We're now headed in the opposite direction youd hoped.
Oh! There must be bullish signs when ETB shows up.
eyesthebye2 wrote:jimtan wrote:eyesthebye2 wrote:
Thats it bud, 10%.
We're now headed in the opposite direction youd hoped.
Oh! There must be bullish signs when ETB shows up.
What the chart shows me is that sales are at 2013 and 2014 levels.
What it also shows is that listings are much much lower than 2013 and 2014.
yzfr1 wrote:
We don't have enough volume to indicate a falling market yet. I believe people are all moving to a hold / wait and see.
yzfr1 wrote:What I can see from the graph is correlation, sales and listings are staying together, if there was divergence that could be alarming. Example huge dip in sales but large spike in inventory.
If you were to overlay a price moving average over the sales vs listing graph you would see there in NO correlation in price drop vs drop in sales and listings but divergence.
Trends are confirmed by volume Dow believed that volume confirmed price trends. When prices move on low volume, there could be many different explanations. An overly aggressive seller could be present for example. But when price movements are accompanied by high volume, Dow believed this represented the "true" market view. If many participants are active in a particular security, and the price moves significantly in one direction, Dow maintained that this was the direction in which the market anticipated continued movement. To him, it was a signal that a trend is developing.
We don't have enough volume to indicate a falling market yet. I believe people are all moving to a hold / wait and see.
tdma800 wrote:This isnt like gambling on the stock market btw
