Most of Canada is currently experiencing listing inventory shortages like never before seen. Low interest rates and high demand means consumption rates are high. But how do you know what that really means?
In this video Steve Karrasch of Macdonald Realty explains the real estate concept of "months of inventory". This is probably the best and most commonly used equation to find out if your current market is over or under supplied.
If you are trying to purchase, already a home owner, or considering a sale, please comment below. Just reach out with your category of home as well as lower mainland neighbourhood and we will do our best to respond with your current months of inventory. If you are watching from outside the Metro Vancouver area, don't be shy, you can comment too, we'll hook you up with an expert who can provide the same information, in your area.
book time with Steve: https://calendly.com/stevekarrasch
call or text: 604-549-5828
email: steve@krproperties.ca
In this video Steve Karrasch of Macdonald Realty explains the real estate concept of "months of inventory". This is probably the best and most commonly used equation to find out if your current market is over or under supplied.
If you are trying to purchase, already a home owner, or considering a sale, please comment below. Just reach out with your category of home as well as lower mainland neighbourhood and we will do our best to respond with your current months of inventory. If you are watching from outside the Metro Vancouver area, don't be shy, you can comment too, we'll hook you up with an expert who can provide the same information, in your area.
book time with Steve: https://calendly.com/stevekarrasch
call or text: 604-549-5828
email: steve@krproperties.ca