Housing Starts, Composites vs 2007-11 Cycle
Posted By Barry Ritholtz On April 26, 2011 @ 11:49 am In Cycles,Real Estate | Comments Disabled
Terrific pair of charts from Ron Griess [1] The excesses in the prior cycle (2001-2006) have made the current run utterly abysmal:
>
Current Cycle versus 1o Prior Cycles
Click for larger graphs
[2]
>
Current Cycle versus Composite
[3]
All charts courtesy of The Chart Store [1]
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2011/04/housing-starts-composites-vs-2007-10-cycle/
URLs in this post:
[1] Ron Griess: http://www.thechartstore.com
[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2011/04/Housing-Starts-CYCLE-4-22-11.gif
[3] Image: http://www.ritholtz.com/blog/wp-content/uploads/2011/04/Housing-Starts-COMPOSITE-4-22-11-.gif
Click here to print.