Monday Morning Market Update June 28 2021

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.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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