Your English writing platform
Discover LudwigExact(23)
Falling sales plus a high level of inventory adds up to downward pressure on prices.
I think the level of inventory will remain quite low in New York.
"When we're going into this weaker period of housing, we're going in at a relatively low level of inventory," Mr. Miller said.
"With such a low level of inventory," Mr. Heym said, "you're going to see prices start to rise more rapidly at some point, because there just won't be enough apartments to go around".
"Across the board, we're seeing customers being extremely cautious, very careful about the level of inventory that they hold so giving us very low levels of visibility as to what they'll want to order for the quarter," Texas Instruments' chief financial officer, Kevin March, said in an interview.
And even the current level of inventory paring might not be enough.
Similar(35)
Mr. Devine expressed satisfaction this morning with the current level of inventories.
"The high level of inventories will continue to put downward pressure on prices and construction employment," Gary Bigg, an economist at Bank of America, wrote in a research note.
Some say this is down to peculiarities in the copper market - a high level of inventories, the replacement of copper pipes with plastic ones and so on.
A noted pessimist for the past two years or so, Mr Niles points to the declining level of inventories as a sign that the market is close to a recovery.
The high level of inventories still poses a problem for sellers; at this pace, it would take about 11 months to work off the current housing inventory, according to the report.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com