Average time on market (that time it would theoretically take to sell all homes now on the market at current pace of sale) at Newport Beach is now about 6 months (which does not favor buyers or sellers). (liveatnewportbeach.com)
Average time on market (that time it would theoretically take to sell all homes now on the market at current pace of sale) at Newport Beach is now down to about 4.5 months. (liveatnewportbeach.com)
Based on analysis from the CBA, the property inventory overhang in lower - tier Chinese cities could take anywhere from two to five years to clear based on the current pace of sales. (businessinsider.com)