The month of May saw a dramatic increase in new listings coming onto the market while the demand stayed very flat. In June, we are seeing the new listing count very similar to last June, this is great news as the inventory numbers will stabilize! Here are the key monthly numbers to consider:  Absorption Rate: (0-2 months of supply is a seller’s market, 2-3.5 months of supply is balance, and 4 or over becomes a buyer’s market) City of Calgary – There is 4.9 months of supply. Single Family Detached – There is 4.26 months of supply Attached Homes – There is 5.25 months of supply. Apartment Condominiums – There is

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The month of May saw a dramatic increase in new listings coming onto the market while the demand stayed very flat. In June, we are seeing the new listing count very similar to last June, this is great news as the inventory numbers will stabilize! Here are the key monthly numbers to consider:  Absorption Rate: (0-2 months of supply is a seller’s market, 2-3.5 months of supply is balance, and 4 or over becomes a buyer’s market) City of Calgary – There is 4.9 months of supply. Single Family Detached – There is 4.26 months of supply Attached Homes – There is 5.25 months of supply. Apartment Condominiums – There is

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