For the past 2 weeks in June SFH inventory in Calgary has fluctuated around 7100, and around 3300 since the beginning of May for Condos.
Has the influx of new inventory peaked?
(A special thanks to Matthew for compiling all the daily stats and providing us with the graph!)
To view the month-end inventory level numbers: click here
Last year, it seemed that it peaked around June/July as inventory levels remained steady. Then there was another surge of listings in September/October. Finally, as winter approached many listings were left to expire to be relisted in the spring (which caused for the abnormal inventory reduction in December, seeing that sales didn’t coincide to the drop of inventory)
If you believe inventory will continue to surge later this year, feel free to post what month this will happen in (ie. Will it be similar to last year’s cycle?)
Poll: Has Inventory peaked?
Status:
Also want to create a poll? Click here
