August 2024

Supply levels improve, taking some pressure off prices

Posted on Aug 04, 2024

 

JULY 2024 HOUSING MARKET UPDATE


August 1, 2024
 

Supply levels improve, taking some pressure off prices

 With the busy spring market behind us, we are starting to see some shifts in supply levels. With 2,380 sales and 3,604 new listings, the sales-to-new listings ratio fell to 66 per cent, supporting a gain in inventory. Inventories rose to 4,158 un...

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