Blog by Sam Wyatt Personal Real Estate Corporation

Months of Inventory Way Up...Prices Must Go

December 4th, 2008

The months of inventory index is up for Vancouver's Westside market for all home types.   The aggregate index including all home types jumped again from 14.34 months in October to 22.25 months in November.  In January it was at 4.55 months.  Remember that: “Months of Inventory” is a measure derived from the number of active listings during a given month divided by the number of sales that m ...

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