In recent weeks we have maintained a relatively high level of mainland supply, between twelve and sixteen regions at auction per day on average. This has caused the average price per meter for mainland to slowly fall to the current level of just under L$8 per meter. In order to provide better information to the community we would like to begin announcing our rates of mainland supply in advance whenever it makes sense to do so. If the many land and economic metrics that we track show the need for a change in supply, we will attempt to blog this information as early as we can, to provide more notice going forward.
To that end, I am announcing that our mainland supply will be reducing to an average of 10 regions per day from tomorrow onwards. If we do not auction 10 on a given day, for example due to hardware levels or grid updates, we will catch up on subsequent days. This rate of supply will hold until at least the end of August 2007. As we approach the end of the month we will blog again with our expected supply rates for the first half of September.
We will also display this information on the Linden Estate Services region, in the foyer of the office building there.