Such manipulative info spewed by TREB and realtors. An asking price has no relevance anyways...so therefore a re-listed price is just another attempt at crystal ball analysis. What is really at issue is seller expectation (i.e. "I want more") and buyer market reality (i.e. "this is what i'm gonna pay"). TREB: wake up and stop relisting properties without a sale or within a set period of time....and there, you will have proper statistics for all. Good luck.