> 3400 condos currently under construction downtown – current sales rate is 40 to 50 per month
> 30-40% of current 15,000 MLS listings are vacant – housing that won’t sell becomes rentals so this is another 4,000 to 7,000 rental units once the owners realize they aren’t going to sell (or the bank forecloses and …)
> some number of new construction homes and condos on the market but not counted in the MLS numbers
