| September 2013 | September 2012 | ||||
| Wk 1 | Wk 2 | Wk 3 | Wk 4 | ||
| Unconditional Sales | 96 | 224 | 416 | ||
| New Listings | 305 | 598 | 1210 | ||
| Active Listings | 4513 | 4556 | 5025 | ||
| Sales to New Listings | 31% | 37% | 34% | ||
| Sales Projection | 403 | 470 | |||
| Months of Inventory | 12.1 | ||||
Last year at this point we had 208 sales so we're running a bit ahead, but surprisingly not much, considering last year we were in the middle of the mortgage rule change hit.
Interesting discussion about pre-sales. How can you evaluate whether a pre-sale is a good deal? I find it hard to imagine that buying a condo that won't actually exist for another 2 years is anything but speculation. How many people are buying the pre-sale because they just love the building versus thinking they are getting in at a good price and they can turn it over later? How many people plan ahead 2 years to get into a microcondo?
