Market Watch Weekly? Your opinion counts!
September 12, 2007
After over a year of collecting daily market data and applying them to the table and charts, I came to the conclusion since nothing moves very fast that a weekly sample is just as good and consumes less of my time. Below are samples of the current daily Fairfax Listing Activity followed by the weekly Fairfax Listing Activity covering the same period of time. The weekly samples would be made each Monday morning to ensure we pick up sales activity posted over the weekend.Another reason for changing to weekly is that with four charts on a page and over 400 data points and counting, they are taking forever to load off the server. I don't necessarily want to cut off the history because it gives a better perspective of what is happening now.
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Thanks for the comments...
The gaps are when I am unable to extract data for a period of time (usually on vacation or traveling). I will eventually condense all the daily graphs to weekly to eliminate the gaps. I am currently extracting data on Monday morning each week.
I still do the monthly charts using official MLS data. In fact, the data is available today and I will be doing updates. They can still be found here. Look for the menu in the right sidebar.
I do not think the weekly chart is as intuitive and agree with Alby's comments about the gaps. I prefer the monthly reports you used to provide. They are a better indicator of trends, whereas week to week fluctuations can be more volatile.
For some reason I cannot find the weekly charts archived on your site. Can you point me in the right direction? Thank you.
I suggest weekly because daily results scare the obsessive compulsive people. www.homezillblog.com.
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made the following comment on September 18, 2007 11:08 AM
Weekly sounds good to me. Although you might want to adjust your graphs to reflect weekly data instead of having empty gaps between each data point. Just for aesthetics..
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