Launches and sales are flows; unsold stock is what is left
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Launches and sales are flows; unsold stock is what is left
Uncompleted private homes, ECs excluded. Four quarters to 2026 Q2.
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| Step | Detail | Leads to |
|---|---|---|
| Developer wins a site | Homes may not be launched | Launched; Unsold stock (stock) |
| Launched | 10,450 in 4 quarters. a flow | Sold (sale); Sell-through |
| Sold | 10,298 in 4 quarters. a flow | Sell-through |
| Unsold stock | 14,929 at 2026 Q2. a stock: launched or not | |
| Sell-through | sold / launched. 98.5% over 4 quarters |
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- Condos and apartments
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How fast are developers selling?
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Unsold homes peaked at 43,473 in 2008 Q2; sell-through bottomed at 66% in 2008 Q4
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Sell-through ranged from 66% in 2008 Q4 to 154% in 2018 Q1 and was 98.5% in 2026 Q2
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