It looks like the trend to a more balanced market continues. Solds are up and inventories are coming down. You can say you heard it hear first - 2 weeks before you will read about it in the Herald.

June 21, 2008 Current Listings Sold in Last 30 Days Absorption Rate (?)
Single family (SF) Houses 7058 1485 4.75
Condos 3308 645 5.13
Combined (SF and Condos) 10366 2130 4.87

What is Absorption Rate? Click here for an explanation


AR Gas Tank Guage

Calgary Market Trend Chart

Inventory (Listings) and Solds - Calgary MLS

- Andrew Kyle