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"Inventory rates were much higher than in past holiday seasons because demand was overaccounted for by manufacturers and retailers," said Matt Sargent, senior industry analyst at ARS Inc., a research company in La Jolla, Calif., that tracks retail inventory.
The sales and inventory rates, while slightly better than they were during the summer, foreshadow a drop in prices this winter.
Phoenix is the only other market that saw inventory rates rise during a seasonally slow season in which it typically falls.
San Jose and San Francisco came out on top because they fit the profile of a sellers' market low inventory rates that were still shrinking, good job creation, a large scale cutback in new home construction and a boost in the credit market from new Fannie and Freddie loan limits.
Add in the South Florida building bonanza that took place between 2000 and 2006, often around beach communities, and it's easy to see why inventory rates on the urban and beach fringes of Miami, Orlando and Tampa have helped to consistently rate those metros in the top 10 of the Census Bureau's 2007 Housing Vacancy Survey (which measures inventory as a percentage of overall housing stock).
NPI – Neuropsychiatric Inventory rates severity of psychiatric symptoms and behavioural disturbances.
Similar(54)
The chapter discusses the basic concepts and characteristics of an inventory rate equation.
Because the accumulation term vanishes for steady-state cases, macroscopic inventory rate equations reduce to algebraic equations.
The chapter discusses steady-state microscopic balances with the addition of the generation term to the inventory rate equation.
This chapter explains steady-state microscopic balances with the addition of the generation term in the inventory rate equation.
For any quantity that is conserved, an inventory rate equation can be written to describe the transformation of the conserved quantity.
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CEO of Professional Science Editing for Scientists @ prosciediting.com