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re: Home Sales in BR Decline; LP and AP Increase

Posted on 11/20/14 at 10:38 am to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 11/20/14 at 10:38 am to
quote:

In AP the new listings are up.
At the same time the inventory of houses on the market declined at almost three times the rate.

quote:

That means more existing home owners in that parish want to sell, as in LEAVE.
It may be evidence of existing homeowners wanting to sell, but even if it is it does not mean they want to leave AP. They could be upsizing or downsizing within AP. The new listings could also be new construction.

quote:

What's your point because I'm pretty sure you have completely misinterpreted the graphic?
I think it is safe to say that you may have misinterpreted the information provided as well.
Posted by ell_13
Member since Apr 2013
85318 posts
Posted on 11/20/14 at 10:54 am to
quote:

I think it is safe to say that you may have misinterpreted the information provided as well.
I went too far in my assumptions based on the info given, sure. But I was trying to press him to make any conclusion at all based on the numbers he seemed to want to ignore. I have no problem debating what they could and could not mean though.
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