Properties newly listed for sale per 10,000 population in that market.
The Year-over-Year (YoY) % Change is calculated by dividing the raw increase or decrease in the current year by the prior year’s amount.
Note: the ‘Law of Small Numbers’ can produce very large ‘percent increase’ stated results if the prior period starting value was very small. While this large stated percent increase is accurate, it can easily be misinterpreted.