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Mr. Case, the Wellesley economist, said he was heartened by the minimal pace of housing starts by builders and the exuberant sales volume of existing houses.
Instead, the sales volume of existing homes declined in December more steeply than in any month in the four decades that such numbers have been tracked.
However, if we look at the data on the volume of existing home sales, the recent annual rate of 4.8 million (pdf) is more than 20% above the 3.9 million average of 1993-1995, the last years before bubble-generated exuberance began to drive sales.
This month the National Association of Realtors reported that sales volume of existing homes was up 2.9%, the first such month-to-month rise since July.
Despite the aforementioned volume of existing work, an ideal scheme able to detect and localize edges with precision in many different contexts, has not yet been produced.
The risk associated with storage of carbon dioxide in the subsurface can be reduced by removal of a comparable volume of existing brines (e.g. Buscheck et al., 2011).
Similar(42)
Through the requirements of funding, the direction of new inquiry is itself hostage to results from existing studies; one must first peruse vast volumes of existing research and extract from them enough evidence to prove the viability and the usefulness of the study one wants to undertake.
The systematic analysis and categorisation of such volumes of existing data allow novel connections and inferences to be made computationally.
Although text- and data-mining do rely on existing information to inform the results, such computational approaches are able to synthesise huge volumes of existing data both through the biomedical literature, and gene annotation in genomic databases.
Volumes and value of existing stock.
Mirroring the US legislation, the main goal would be to protect roadless and low-traffic areas from further road development, namely building new roads, increase of traffic volume on existing small roads and use of off-road vehicles.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com