Monday Morning Market Report for Calgary Home Sales - June 28, 2021
Real Estate Home Sales are governed by the laws of supply and demand. The Sales to Listings ratio tell us if we are currently in a buyers market or a seller's market or a balanced market. A balanced market is considered a three-month supply of inventory or about 33% of listings sell on a monthly basis. Above 33% we have a Sellers Market and Below 33% we have a Buyers Market. Knowing where the Calgary Real Estate Market is at is helpful for all buyers and sellers in the Calgary Residential Real Estate Market.