What Does ‘Balanced Market’ Mean? Calgary Edition
Posted by Ray Yang on
When you hear real estate experts say Calgary is in a “balanced market”, what exactly does that mean? Whether you’re planning to buy or sell, understanding this term can help you make more confident decisions.
What Is a Balanced Market?
In real estate, the “market” is typically described as:
- Buyer’s Market – when supply (homes for sale) is high and demand (buyers) is low, giving buyers the advantage.
- Seller’s Market – when demand outweighs supply, allowing sellers to set higher prices and often receive multiple offers.
- Balanced Market – the sweet spot in between, when supply and demand are relatively equal.
Key Indicators of a Balanced Market in Calgary
- Months of Supply: A balanced market usually sits between 2.5 to 4 months…
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