March Sales per NOD/NOT

Submitted by Rich Toscano on April 17, 2007 - 5:01pm

Here's a quick update on sales vs. NODs and NOTs (which serve as very rough proxies for distressed supply) for March. As of last year, we were still coming off the lows for the NOT series, so the year-over-year difference there is quite striking. Neither series changed much from last month.

See this article for more context on these graphs. Just to head off the question, I didn't bother with the long-term sales per NOT because it shows the same result but with more lag, and because the wider volatility of the NOT series makes the graph much harder to interpret.

(category: )