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Originally Posted by MacDougalbry
The other story is that it looks like the sellers market is ending. The number of sales per month has been flat the last few months, but the number of new listings per month has been growing as has the total inventory of unsold homes. (The actual # of new listings last month was an all-time record.)
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this wouldn't surprise me in the least...although does some of this fall into historical summer time trends?
my understanding is that its quite usual to see inventory up and prices flattish? in the summer?
I can' t imagine the previous insanity of the last 6 months could continue much longer...however as they said in the Herald today, if you are looking to buy, don't count on prices all of a sudden going down