Friday, July 2, 2010

Calgary Real Estate Statistics: June 2010

Sales are at "scorched earth" levels which is the same rate as during the worst six months of the financial crisis.

Listings are fairly high but down from the rate of March and April.

Seasonally adjusted sales to new listing ratio is 35%. A ratio of below 50% typically results in falling prices.

Raw data from Bob Truman's Old Criteria page.
Initial explanation of seasonally adjusted data and benchmarks and seasonally adjusted sales to new listing ratio.