2021 $ volume off the charts (literally!)

[John Walkup]

Check this out - the dollar volume of signed contracts in the 2Q of 2021 is a record by far. Moreover, look at the slope from q1 to q2 - it's also the mot intense on record..... it's nuts out there, right now.... BUT since 2004, only 3 years have seen $ vol increase from q2 to q3. One of those years was 2020 as it went from nothing to something. Otherwise, the historical trend says relax.

Note - chart cut off legend.. safe to say the steep black line at the top is 2021 and the orange line dragging along the bottom is 2020.

 

[Noah Rosenblatt]

wow

 

[David Goldsmith]

I'm sorry I forget who it was, but I think one of our posters here suggested averaging 2020 and 2021 stats to compensate for held back demand due to COVID.

 

[Noah Rosenblatt]

I'm sorry I forget who it was, but I think one of our posters here suggested averaging 2020 and 2021 stats to compensate for held back demand due to COVID.

yeah i recall. i think they said to do 3yr avg and include 2018-2019 with 2020 to even it out..not sure, but something like that. Still, we figured ths would be a diff and interesting angle to view the data vs all other years on record