The blue line shows the actual new listings on the market.
The brown line is the trend computed using a 12 month moving average, which
exhibits no seasonal variations or other irregular fluctuations. A
substantial change in actual new listings must occur to change the direction
of the trend.
I hope this finds you Happy and Healthy!
All the Best!
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate