That said you should be delivering a product that puts you on the front end of the absorption.

the CMHC site also has avg sale prices for major markets, absorption rates, and number of new starts.

Part of that stems from the amount of new construction in PGH and the falling absorption rate.  

As the title says, I'm a website designer and developer and I'm also new to the investment world and currently going through my knowledge absorption phase. :)  I simply just wanted to reach out to the community to offer my services for anyone who might have questions about websites, having trouble with their website, need design work, or a new feature built.

Absorption rates.....

@John Barry I would look into the following metrics:Supply: Research how many new units are coming onto the market in this particular submarket and the surrounding area.Demand: I would look at the absorption rates as well as the historical occupancy.

Solid economic growth, good job creation, great absorption rates, rent growth will be consistent this year as well as low vacancy rates.

Sticking to primary and secondary markets will make debt and capital more accessible.Stick to the key market Indicators when de termining target markets and you'll stay out of trouble.Population growth Job growthMedian income to rents ratioCost to own vs cost to rentDeliveries to absorption ratioCap rate trendsIt all boils down to supply and demand.Cashflow=COC returnConsumer demand will determine rents, rent growth, and vacancyTenants= demand. # of Units in market and comp set =supply Appriciation=total return, and IRRInvestor demand.

However since there are not enough home buyers millenials or otherwise to replace the baby boomers wont this create a lack of demand and poor inventory absorption forcing home prices to stay lower.

Also it is very expensive to build do you'll need a market with high demand, high rents, great absorption rates.