IN-DEPTH ANALYSIS
July 2010
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.
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
A
rapid climb of new listings started in mid-2005 quickly reaching a level that
exceed previous numbers for that same calendar month for years prior to
2005. The two most recent months
has broken with that pattern.
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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