
Sales improving and inventory declines for fourth month in a row (CREB Report)
August 2nd, 2019
For the fourth consecutive month, inventories in the market declined compared to last year. This is due to the combination of improving sales and a decline in new listings.
The market continues to favour the buyer, but a continuation in supply reduction compared to sales is needed to support more balanced conditions.
“We are starting to see reductions in supply across the resale, rental and ...