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The first graph shows the year end months of supply since 1982 (and April 2008). Click on graph for larger image. The months of supply has risen to 11.2 months, and will probably be over 12 months sometime this summer. I don’t have monthly data back to the early ’80s, but the months of supply will probably be close to an all time record by July….
Original Source
23 May, 2008| housingblogs |
@ 18:31
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