Chart of the Day: Unsold inventory gradually falls in Q1

Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No Falling rates, tapering supply and resilient demand to keep prices stable. This chart from Jefferies shows that unsold inventory is gradually falling. However, the H2 confirmed supply of 1370 units is lowest in last decade. Jefferies notes that the central bank has indicated no need to adjust the cooling measures as prices moderate gradually. Falling rates, tapering supply and resilient demand are likely to keep prices stable as business climate stays uncertain. read more