Buyers Gaining Leverage?

Noah Rosenblatt

Talking Manhattan on UrbanDigs.com
Staff member
how do you draw the historical channel for this chart? Here is my attempt at it, perhaps the lower channel line should be a tad lower, but either way, pending sales is regressing hard as:

1. recovery level deal activity phases out
2. slower, shifted market at avg deal vol levels phasing in

where does this bottom out? mid to high 2ks?

1663767023809.png
 

David Goldsmith

All Powerful Moderator
Staff member
It's kind of surprising how little variation there seems to be in September Contracts Signed (except for 2009 when there was an unexpected jump) through good/bad/COVID markets.
 

David Goldsmith

All Powerful Moderator
Staff member
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