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Thursday, January 24, 2008

Housing Prediction Contest Winners

by Calculated Risk on 1/24/2008 12:42:00 PM

Here are the winners for the contests to guess:

1) the NAR reported sales for 2007. Actual: 5.652 million.

Winner: poszi!

PersonPrediction
1st: poszi5.65 million
2nd: ams165.64 million
3rd: Curlydan5.666666 million

2) the peak inventory reported by NAR in 2007. Actual: 4.561 million.

Winners: Rich, AllenM, Jed!

PersonPrediction
1st (tie): Rich4.592 million
1st (tie): AllenM4.592 million
1st (tie): Jed4.592 million

Note: 4.592 million was the peak at the time of the contest (revised down later).

3) the peak Months of Supply reported by NAR. Actual: 10.7 months.

Winner: AllenM!

PersonPrediction
1st: AllenM10.56 months
2nd (tie): ipodius10.9 months
2nd: (tie) Rich10.9 months


Congratulations to all!