10 Year Perspective …. GTA TrREB Realty

INVENTORY LOW, because sales for last 2 Quarters have been extr-ordinary NEW LISTINGS — actually +40% up … but STILL not enough to satisfy demand DAYS on Market normally 21-23 days — now 14-19 (depending on how you count PACE of the Market — “nobody’s price is underwater from 2017” — Rce 2021 Months of…

EIGHT (8) Consecutive Double-Digit ANNUAL GAINS (see 21b) — and similar number of +20% 2-yr Gains (see 21y). Video featuring No Script, No make-up & no edits.

WHAT’s Gonna Stop it? Seasonal supply will increase as Last-Time Sellers of BIG homes they have owned for 25-35 years come on market. SARS fears will subside and folks won’t mind strangers in the homes (as much as in LockDown) Some people accelerated their Spring Purchases to Winter (why wait for spring …. do it…

January 2021 — IN PERSPECTIVE – Compared to the 10yr Average. Inventory, New Listings, Days on Market, MONTHS of Supply Ratio of Sales to New Listings, Sales 905/416 and both

BEAR in mind that the Slowest Months for Sales are Dec & Jan The Slowest Months for NEW Listings is Dec and Jan The Coldest Months of the Year are Dec-March The Snowiest Months of the Year are Nov – March SARS-CoV-2 inspired LOCKDOWNS were implemented in Dec-Feb/March SO … after 6 Consecutive Months of…