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Calgary Real Estate Market Watch for November 2009*
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The Absorption Rate for Real Estate is the ability of the real estate market to sell all of the listed houses for sale in a given amount of time.

The number shows the rate at which the inventories of homes for sale are being sold. A declining figure indicates people the inventory is decreasing as more homes are being sold than are coming onto the market. A rising absorption rate implies that there are more homes coming onto the market than there are buyers willing to buy at the market prices.

 The ultimate question the absorption rate answer is, "Is the current inventory level shrinking or growing"?

 

What is the proper time to buy or sell a Real Estate - by B. Lotfi

One of the most important elements that will always affect the market price is called the power of supply and demand. Both of these elements are affected by political and economical elements in your area and this may lead to a change in form of market price.To gain on an investment, you need to be aware of possible market price changes before everyone else. This is where reliable statistics and a knowledgeable Realtor can help you reach your goal. While keeping yearly trends in mind, you should look at statistics from the past few months in the sectors, such as listings(supply) and sales(demand), which can affect your decision. These statistics and the yearly trends may show you what the market is expected to be in the near future. Also, you should be aware of the political and economical events that are occurring in your area as these may alter the current month’s stats. Investments almost always involve some degree of risk.
For more information call me at (403)891-2345 or email me bruce@brucelist.com

*Source: Calgary Real Estate Board.