Time for a Monday market update from Marko Juras.
|Wk 1||Wk 2||Wk 3||Wk 4|
|Sales to New Listings||
|Months of Inventory||
January is when the springtime listings start pouring on while sales are still low, but sales are still running 25% ahead of last January, while listings lag. When are the year over year improvements going to flatten out? And how did we get so out of sync with the rest of Canada? While our market molded, they roared. Now we are taking off while Canada seems to be circling the drain.