Well this month we can definitely see a trend. We are starting to see our listing inventory finally coming down. This follows closely with previous years where we peak out in May with the number of homes on the market. There is then a gradual decline to a low of inventory at the end of December. January sees inventory building up until May and then the number of homes for sale starts to fall again.
On the demand side, the sales have been quite strong. We are just off April, May and June numbers of 1820-1850 sales, we sold 1752 homes. That is particularly good for July as this month is normally the lowest next to December for sales volume. This amount of sales is also much stronger than last July (2007) where we had only 1565 homes sold.
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