|Wk 1||Wk 2||Wk 3||Wk 4|
|Sales to New Listings|
|Months of Inventory|
Last year at this point we had 208 sales so we're running a bit ahead, but surprisingly not much, considering last year we were in the middle of the mortgage rule change hit.
Interesting discussion about pre-sales. How can you evaluate whether a pre-sale is a good deal? I find it hard to imagine that buying a condo that won't actually exist for another 2 years is anything but speculation. How many people are buying the pre-sale because they just love the building versus thinking they are getting in at a good price and they can turn it over later? How many people plan ahead 2 years to get into a microcondo?