Of these 204 are below $1,000,000
Since the governments introduction of a new tax on foriegn buyers I think that we are going to see a continued increase in the number of homes for sale. I also think that some buyers may take a step back to see if the market is going to slow down at all.
The net result I belive will be a more balanced market where the number of homes for sale is more in line with the demand and we'll get back to seeing negotiating on homes rather than bidding wars.