Number of Active listings is down
The fact that the Number of Active listings is down puts pressure on the market and prices strictly from a supply and demand point of view, less listings, more interest and prices go up. This is what we have experienced in the past few months. Notice the number of active listings was high from about October 2008 to March 2009 and we did experience a softening of prices during the same period.
Thanks!
Mark

I hope this finds you Happy and Healthy!
All the Best!
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
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