The residential sales market is stabilizing in buyer’s market territory

The monthly activity stood at 727 signed contracts in October which is down compared to the 10-year historical average of 911 signed contracts for that month.

The supply, which is the number of units available on the market, stands at 7,450, up just 1% from a year ago. So the supply trend is normal. While the number of pending sales, which is the number of units that are currently in contract, stands ...