The phrase "sale pace" refers to the speed or rate at which products or goods are being sold. It indicates how quickly items are being bought by customers.
It would take just 1.8 months at the current sales pace to exhaust the supply. (nbr.com)
The bad news is that the current annualized sales pace of about 5 million existing homes is the lowest in 10 years. (realtormag.realtor.org)
The strongest quarterly sales pace in a decade lowered inventory levels and caused price growth to accelerate during the first three months of 2017. (nar.realtor)