Sentences with phrase «number of homes for sale divided»
A simple measure of tightness in a market for owner - occupied housing is the homeowner vacancy rate (number of homes for sale divided by the number either for sale or owner - occupied).
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If we divide the number of home listings simply from estate sales (12,250) by say, 3 % of REALTORS ® in Canada who may become CEAs, that works out to 3.75 listings per agent per month, again, rising by an estimated 5 % per year for the next 20 years.