CONDO/TOWNHOUSE Listing inventory fell 22.6% to 1,021
from prior year levels as sales rose by 8.1%
to 762 sales over the same period. The
number of sales using cash increased to
78.3% from 55.6% as lack of inventory drove
competition for better terms among buyers…
SINGLE FAMILY Although total inventory fell
by 18.9% to 967 from a year ago, the rate
of new listings added to the market in the
last quarter fell faster, down 25.7% to 330
over the same period. Consistent with
the reduction in supply, days on market
registered at 153 days, 18 days faster
than the prior year quarter…