IN-DEPTH ANALYSIS

May 2009

New Listings Information

The level of the homes-for-sale inventory is one of the key pieces of information to understanding the current real estate market. The significance of the NEW Listing Information contained in this article is subtle, but important. Note the significant drop in April from the previous month.

New listings data counts the listings that are new to the market within the past month and does not include the listings that continue on the market past the month in which they were listed in.

The graph above allows the reader to more clearly see the impact of the month-by-month calendar cycle.

Ongoing Trend

The rapid climb of new listings started in mid-2005 and continues to exceed any previous numbers for that same calendar month for years prior to 2005.

To keep you up-to-date on listings, see our other related Resale Articles in this issue of the IN-DEPTH ANALYSIS Newsletter.

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