Thursday, August 4, 2011

Victoria BC at Nearly 10 Months of Inventory

Rounded, 5100 units in inventory and 520 sold. That's definitely a buyer's market. (Generally 6.5 months of inventory is balanced.)

Victoria housing tilts toward buyers
In July, for the second straight month, the number of homes for sale remained at 15-year highs while the average selling price dropped in all categories.

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