“Thankfully, in a changing RE market, there is lots of funny listings on the MLS which would have been unheard of 6 months ago.
The market remains quite strong. Over 2000 sold. Average price highest ever. Inventories continued to increase, although at a slower pace than previous months. This is probably due to seasonal factors as listings tend to decline after the summer and drop until after Christmas While average prices remained elevated, readers began to see isolated instances of falling prices in certain areas / condos. Day's inventory has reached the average level of 1999 after a year of extremely low inventory levels.”