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Reply to "Prices dropping in MoCo???"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Inventory in MoCo is back to 2019 level. If it climbs more then prices should go down or remain flat for years. https://fred.stlouisfed.org/series/ACTLISCOU24031[/quote] It shows that inventory is still below 2019. July 2019 - 2,366 July 2023 - 718 July 2025 - 1,788[/quote] Yes, it's below if you see exact month. I just eyeballed it and first time inventory in the last 5 years reached 2019 levels( any months). Inventory was really down for the last 5 years and now it's adjusting to normal levels. I think it's better to have balanced market with normal imventory.[/quote]
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