Quote:
Originally Posted by Claeren
And as I warned earlier in this thread, Ed Jensen is more than happy to use November-2007 numbers because while year-over-year is a valid stat, it leaves out how far they actually are down from peak - about 6 months before that.
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Given the yearly cyclical nature of the real estate market don't you think year over year is a more valid stat then peak to bottom? If it is truely down 15% then eventually that would be reflected in the year over year numbers. In fact if you believe that the current year over year numbers are hiding the true drop then eventually this is gonna have to show up in the year over year numbers, infact it would have to show up as alot more then 15% in some months if it's only showing at 5.8% in November.