the rennie landscape - Q4 2019

housing

A REALITY CHECK ON THE RECENT INCREASE IN UNABSORBED INVENTORY

JUL  OCT  AVG 688

JUL  JUL  AVG

2,188 DEC AUG  AVG

SEP DEC  AVG

JAN JUN  AVG

290

1,672

265

3,000

2,500

2,000

1,500

1,000

500

0

SOURCE: CANADA MORTGAGE & HOUSING CORPORATION DATA: INVENTORY (STOCK) OF COMPLETED BUT UNSOLD CONDOS

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