Скачать или смотреть What Does Housing Supply or Home Inventory Mean in Real Estate

At the end of December, we in #Ottawa had 4.4 months of inventory.

This number tells us how many months it would take for all the current homes for sale on the market to sell, given the current number of homes that are selling each month. For example: if we have 50 homes for sale in our community and 10 homes are selling each month, then we’d have 5 months of residential real estate supply - OR INVENTORY.

What inventory really is, is an indicator of the state of the market: 4.4 months is considered a balanced market. If we had over 6 months of inventory, it would be considered a buyers market.
IMPORTANT: Housing inventory, like anything in real estate, is very specific to each community. It’s important to work with an agent who understands this and who will tailor the strategy to what is happening in your very specific location.

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