Monday, December 6, 2010

Housing peak 2011

This is from Tom McClellan (yes that one). He does a lot of work on offsetting two markets to see relationships, sort of like overlaying the birth rate with recession offset by 9-months. If you can't go out to a fancy restaurant, well, you know.
According to this chart,  housing stocks should peak in the middle of next year. Of course, nowhere near where it was a few years ago.  Believe it or not.

1 comment:

bill9a said...

Unless all that lumber is heading to China