As far as I know the 2009 forecast wasn't supposed to be released until October. But here is a sneak peak released a bit earlier.
I think the CAR doesn't have any data models or anything sophisticated they just forecast sales and prices +/- 5% and then adjust throughout the year based on incoming data.
1 comment:
Last year's 32% price decline has indicated that 2009 will only see a 4% drop? Math is hard.
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