Real Estate and Boat Sales Trend Report

In our previous post, we examined the correlation between the S&P 500 Index and boat sales in the U.S. for last 10 years. Today, we want to share with you some comparisons to the real estate market.

Let’s take a look at boats and new home sales greater than $300K in the U.S. In order to take out seasonality factors, we computed the 12-month moving average for boat sales and 6-month moving average for new home sales:

In this graph we can see that the highest and the lowest points are very close in the timeline for both metrics and the trend lines have similar directions. However, this data suggests a very general correlation between the two and cannot be used as a short-term forecast of boat sales.