Friday, December 27, 2013

What good are "Estimates?"

Not good for much.  Seems like getting the sign right is barely achievable.  Every year Calculated Risk publishes a table of housing sales and starts.  Here are 2014, 2013, and 2012:


FWIW, my estimate is for 560,000 new home sales and 1,200 total starts but a far higher component of "not" SFR. 

In the mean time keep in mind the "value" of "estimates." 

4 comments:

TJandTheBear said...

3.01%! Is this temporary, or an inexorable march higher?

Cinco-X said...

Hope y'all had/have great holidays. I'm somewhat out of pocket until after the foist...

Rob Dawg said...

Hey all. I'm just throwing up random bits for a bit. Gosh, like the big guys.

Anonymous said...

Too many houses in all the wrong places.
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