It’s Early – but TREB market is blooming!

The Monthly report says Sales down a touch and prices up a touch – look at 10 years

INVENTORY

4% under

85-INVENTORY-FEB2019

New Listings

11% Under – but sales successes in February has prompted a New Supply of Listings since about Feb 25th

86-NEW-LISTINGS-FEB2019

DAYS on MARKET

Flat at 25 (3 weekends)

87-DAYS-on-Market-FEB2019

MONTHS OF INVENTORY

10% above the 10 yr (most of that was BOOM market

2.64 Months — still far below “bad market” of 4 months of inventory

88a Months of Inventory-FEB2019-1

 

SALES as PerCent of New

no longer my favoured stat 10% under the 10 yr

88b Sales asPerCentofNewList-Feb2019-1

 

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