As at November 30, 2024, if no more listings came on the market, it would take almost 6 months to deplete the current inventory to 0.

As at July 31, 2024, if no more listings came on the market, it would take 5 1/2 months to deplete the current inventory to 0.

If I was to pick 3 metrics to most accurately reflect today’s real estate market, those would be: Inventory, Sales & Months of Inventory.