Sales: 2640 (+12% YoY) (Feb/14 was +41% YoY)
Months of Inventory: 5.5 (was 5.3 in Feb)
Only other time Mar MOI> Feb MOI was in 2008 (4.8 vs 4.3)
Greater Van 10Y March Avg Sales: 3362
Est. March Sales: 2640 (-21% vs 10Y)
(Feb/14 was -3.8% vs 10Y)
(Jan/14 was +5.9% vs 10Y)
Looks like a disappointing March. If the sales malaise continues, does not bode well for the Spring market.