Rob Dawg suggested that we look at the quartile pricing again. The list pricing (above) has been very comparable to last year, but those are the unsolds. Below are the quartiles for the NSDCC monthly sales:
Pricing measured by quartiles is still above last year, and now the mortgage rates are below where they were towards the end of 2023.
Will pricing hold up the rest of the year? Probably. It will be the number of sales that will fluctuate first.
Looks like the “big bombers” as you call them are holding off listing until rates get lower.