the Calgary Real Estate markets
buyers market:
The buyers market is where the buyers has more control over the Calgary and Area home prices.This market is demonstrated by a substantial number of homes on the Calgary market, but few sales, this suggests that demand for residential properties is slow for that particular or price point.
balanced market:
The balanced market indicates that neither the buyers or the sellers control the price point at which that property will sell, and that there is neither a glut nor lack of Calgary homes for sale. Typically, this type of market sees a stabilization of both list and sold price, the length of time the property is on the market as well as the expectancy amongst homeowners in their various Calgary communities - so long as their home is priced in accordance with the current market value.
Sellers Market:
A sellers's market gives the seller greater control over the price point. This means in most cases that there are fewer homes on the market and a good demand for Calgary and area homes. It results in buyers competing to buy homes, and so pushes prices up.