What is interesting this week is the number of new listings has dropped off by approximately 100 listings over the previous 4 weeks. The number of sales and conditionally sold properties has remained the same.
Calgary Real Estate Market Snapshot for September 30, 2015
We will have to monitor what happens over the next few weeks to see if this trend in a decreased number of listings continues. If it does, we will have a slight drop in our inventory levels if the number of homes being sold continues - meaning the balance may shift to a slightly tighter market.
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Dan Welyk has been a Licensed Real Estate Professional since 1999 and has grown up in the Real Estate Industry. FindNewDigs.com brings home buyer's and home owners together to find useful information, tools and ideas.
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