Weekly stats update courtesy of the VREB. Thanks to Just Jack for sending these while Marko is on vacation.
|Wk 1||Wk 2||Wk 3||Wk 4|
|Sales to New Listings||83%||
|Months of Inventory||
Start of the month is where we see a jump in new listings, but we are still at a high sales/list. However months of inventory is taking a tick upwards, and sales/day are still down at the same level as last week. This could be either the start of the fall slowdown or just a symptom of inventory getting down to such low levels that there isn’t much left to buy.