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Here is a rundown on the most recent stats release by VREB.

Have a look at this graphic, I put together two lovely screen captures from the VREB site. I couldn't believe it when I saw it, but yes, those are bubbles from the banner of the VREB home page here.

This "Months Of Inventory" (MOI) snapshot was based on MLS searches done for the VREB area on June 27, 2008.

What a difference a couple of days make. Big jumps in the listings, to test the theroy of Dave from the previous MOI entry that listings are starting to stall.

Single family home listings reached a total over 1012 above the median and 1437 over all. Condo inventory increased slightly to 1261 total.

There are now 356 million dollar plus properties listed. That's 14.83 months of inventory. Balance that!

This "Months Of Inventory" (MOI) snapshot was based on MLS searches done for the VREB area on June 25, 2008.

In general, inventory is still incrementally increasing, compared to my last VREB area search on June 20, 2008.

This "Months Of Inventory" (MOI) snapshot was based on MLS searches done for the VREB area on June 20, 2008.

There was another jump in single family home listings. Maybe everybody is planning on selling this weekend and decided to get that house on the market quick. Condos did something unusual - they actually decreased above the median slightly. Of course, there are still 10 plus months of above median condo inventory on the market, but I guess that's better than another incremental increase - an incremental decrease!

There are now more than 344 million dollar plus properties listed, while only 24 such properties sold last month in the VREB area. Yikes, more than 14 months of expensive inventory with no sign of Alberta moneybags anywhere.

This "Months Of Inventory" (MOI) snapshot was based on MLS searches done for the VREB area on June 16, 2008.

As usual, there are more single family homes and condos listed since the last time I did a search on June 6, 2008. In fact, there are more of everything, including an incredible 14 months of million $ plus inventory.

We can thank CREA for announcing today that inventory is increasing, while dollar volume and unit sales are dropping throughout BC.

Of course, average prices are still somehow maintained. For how much longer?