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Absorption Rate In Real Estate | What Does Months Inventory Mean

Are you a Home Buyer? Check out my new book "The 4 Home Buyer Mistakes and How to Avoid Them". Get your copy for free: ➡️https://bit.ly/33DiOM0 Sign up to our e-newsletter for all the latest updates: ➡️https://thevillageguru.com/newsletter... Get notified when a home sells in your neighbourhood and for how much. It's a free, no obligation service and it only takes 1 minute to set up. Click the link below to get started! (Mississauga or the GTA): ➡️http://mississaugahouseprices.ca/ In today's video Jeff O'Leary, Mississauga Real Estate Agent explains the term "Absorption Rate" in Real Estate. Be sure to subscribe to my channel for more Canadian Real Estate Tips. If you're looking to worth me in Mississauga or the Greater Toronto Area, you'll find my contact information at the bottom of this description. ➡️ Subscribe for more Real Estate Tips: https://goo.gl/krP8FR ➡️ Find me on Facebook:   / thevillageguru   Absorption Rate In Real Estate | What Does Months Inventory Real Estate Mean when Buying a Home Absorption rate is way to measure the rate at which available homes are being sold in a specific market over a specific time frame. Usually measured in months, this simple calculation measures how many homes are sold are sold in a month versus how many homes are actively for sale. By calculating the absorption rate you can figure out how long it will take to sell all of the homes currently listed for sale if market conditions remain the same. This video is good advice for home buyers and great information for home sellers. Link to full article with more info on how to calculate absorption rate and negotiate a better deal in real estate. https://thevillageguru.com/understand... Let's Connect:   / thevillageguru     / jeffoleary     / jeffoleary   -- Jeffrey O'Leary, Broker Better Homes and Gardens Real Estate Signature Service 186 Robert Speck Parkway, Mississauga, ON, L4Z 3G1 #realestate #Canadianrealestate