Register Login

Dale Fior

Sales Associate
Office:(201) 478-6745

MOVING YOU IN
THE RIGHT DIRECTION


My Blog

Downtown Jersey City 4th qtr 2016 Supply-Demand review

An analysis of the Supply & Demand ratio in DTJC: The Supply and Demand Ratio is the relationship between ‘New Offerings’ coming on the market in any given month or quarter and ‘in-contract Sales’ in that same period.  This activity is expressed as a percentage ratio.  In this State of your Real Estate Market Newsletter we will be looking by comparison at the Supply and Demand Ratio of the 4th quarter between the years of 2014 and 2016. The Supply and Demand Ratio is a frequently used indicator by real estate market analysts as well as highly professional and experienced real estate brokers. A rising percentage ratio is indicative of improving market conditions, or a condition of the demand for property keeping up with, or even exceeding the supply. A declining ratio is indicative of weakening market conditions, or a condition...
Posted to Market Snapshot on Friday, February 17, 2017 at 4:11:39 PM

of 1