tag:blogger.com,1999:blog-7294165939647321702.post7082095032083227796..comments2024-03-28T13:45:43.362-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: Housing Inventories Tell The TaleSaj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7294165939647321702.post-2132582244035322092012-01-22T13:15:48.626-05:002012-01-22T13:15:48.626-05:00I agree with Saj. I never really understood why th...I agree with Saj. I never really understood why they were displayed in months. consumer confidence can change on a dime making the metric useless.hcvnoreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-22746707706919979952008-12-31T23:18:00.000-05:002008-12-31T23:18:00.000-05:00From the chart it looks like there is at least 2 y...From the chart it looks like there is at least 2 years to go till it reach a level that is "normal".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-21950159285707438432008-12-28T21:04:00.000-05:002008-12-28T21:04:00.000-05:00Hi Anon,While you are right that these numbers are...Hi Anon,<BR/><BR/>While you are right that these numbers are usually stated in months sales, I disagree that the absolute number is meaningless. Monthly sales will fluctuate greatly based on consumer confidence, so while months sales is good if you're thinking short term and assuming no change in months sales, for a good long-term historical perspective the absolute number is the more useful.Saj Karsanhttps://www.blogger.com/profile/04493152766022812984noreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-17859325221747074742008-12-28T15:37:00.000-05:002008-12-28T15:37:00.000-05:00Inventories are normally stated in months sales, N...Inventories are normally stated in months sales, NOT in an absolute number. The absolute number is meaningless unless it is viewed in terms of the sales figures. <BR/><BR/>Love the book summaries BTW, helping me "catch up" on the list.Anonymousnoreply@blogger.com