It was brought to my attention by one of my readers that my calculations for the Hoboken and downtown Jersey City absorption rates were incorrect. I've made changes to my last post fo reflect this.
Hoboken Absorption Rate 10/9/09:
37.36 weeks (up .01%)
Downton Jersey City Aborption Rate 10/9/09:
48.27 weeks (down .008%)
We won't see big changes week to week, but we'll start to see the bigger picture as time goes on.