to your HTML Add class="sortable" to any table you'd like to make sortable Click on the headers to sort Thanks to many, many people for contributions and suggestions. Licenced as X11: http://www.kryogenix.org/code/browser/licence.html This basically means: do what you want with it. */ var stIsIE = /*@cc_on!@*/false; sorttable = { init: function() { // quit if this function has already been called if (arguments.callee.done) return; // flag this function so we don't do the same thing twice arguments.callee.done = true; // kill the timer if (_timer) clearInterval(_timer); if (!document.createElement || !document.getElementsByTagName) return; sorttable.DATE_RE = /^(\d\d?)[\/\.-](\d\d?)[\/\.-]((\d\d)?\d\d)$/; forEach(document.getElementsByTagName('table'), function(table) { if (table.className.search(/\bsortable\b/) != -1) { sorttable.makeSortable(table); } }); }, makeSortable: function(table) { if (table.getElementsByTagName('thead').length == 0) { // table doesn't have a tHead. Since it should have, create one and // put the first table row in it. the = document.createElement('thead'); the.appendChild(table.rows[0]); table.insertBefore(the,table.firstChild); } // Safari doesn't support table.tHead, sigh if (table.tHead == null) table.tHead = table.getElementsByTagName('thead')[0]; if (table.tHead.rows.length != 1) return; // can't cope with two header rows // Sorttable v1 put rows with a class of "sortbottom" at the bottom (as // "total" rows, for example). This is B&R, since what you're supposed // to do is put them in a tfoot. So, if there are sortbottom rows, // for backwards compatibility, move them to tfoot (creating it if needed). sortbottomrows = []; for (var i=0; i
What is the market capitalization of the U.S. new home market?
To find out, we first took the U.S. Census Bureau's seasonally-adjusted estimate of the number of new home sales for each month from January 2012 through March 2013:
Then we multiplied those seasonally-adjusted values by the average new home sale price recorded by the Census Bureau for each of these months:
That allows us to arrive at the new home market's equivalent of the stock market's market capitalization!
We selected the period from January 2012 through March 2013 so we could focus on the new inflating bubble taking hold in the U.S. housing market. Here are some quick takeaways from what we see in the charts:
Coincidentally, a large amount of money leaving the stock market was the spark for igniting the first U.S. housing bubble.
But the actions of investors seeking to avoid the higher tax rates taking effect in 2013 only explains why new home sales spiked during the final months of 2012 and the first months of 2013, as money flowed out of one market and into the other. It doesn't explain what caused the second U.S. housing bubble to begin to inflate back in July 2012, as we had previously speculated.
And that, as it happens, is a more complex story....
Labels: real estate
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Closing values for previous trading day.
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