The Sales to Active Listings Ratio is a measure of housing market balance. A Balanced Market is between 14 to 20 per cent. A Sellers’ Market is above 20 per cent. A Buyers’ Market is below 14 per cent.
Detached Homes at 14 per cent are a borderline Buyer’s Market
Townhomes at 32 per cent are a Seller’s Market
Apartments at 42 per cent are a Seller’s Market