In the stock market, you judge activity by how many shares trade daily.
In the housing market, you go by new listings (or at least, I do).
Judging by that yardstick . . . it’s either a very slow Wednesday — or the Memorial Day Weekend slowdown just kicked in.
Whereas on a typical Spring Wednesday there would ordinarily be about 200 new listings in the Twin Cities, today there were only about 70, or one-third of that.