Single family home sales in August were off to their 2nd slowest start in 10 years and fell below year ago levels. But only barely.
A total of 227 SFH sold in the first week of the month compared to 229 last August. It’s important to note that new listings in August are down almost 20% y/y.
A different story is developing for the condo market as sales so far this month are up 35% year-over-year with 111 units changing hands. You can see the sales stats broken out into condo-apartments and condo-townhomes below:
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