PERSPECTIVE – the 10 yr Look at everything

INVENTORY 34-39% BELOW the 5 yr & 10 Yr averages NEW LISTINGS are NOT only 2.21% off the Average as the non-selling Pundits have been pronouncing. Bloated Numbers – now Quantified. THERE is LOW-LOW INVENTORY AND LOW-LOW NEW LISTINGS 33.20% of TrREB’s NEW LISTING stats is double-counting! Terminate and Re-list strategy (at a different price…

Prices – June 2021 — 4 Looks

17 of last 19 Months showed Double-Digit Yr over yr Price Increases. Nobody is Raising Interest Rates anytime soon. Wages are going to be pushed up (luring folks of CERB etc). Virtue-Signaling Hand-wringing about ‘affordability’ in the top 3 Quintiles(ie the Home Buyers) will diminish See the pattern? Seasonal. Regular. Orange Bar Looks pretty steady……

4 looks at GTA Realty Sales

THIRD BEST JUNE EVER!! SCHOOL YEAR view. Sept thru August. Do YOU see a Trough in 2020, that kinda-sorta EQUAL-and-opposite to the BOOM Peak/Crest of Spring 2021? or is it just me? TrREB’s Bar Chart June’s Orange Bar is higher than any-other coloured bar (2018-2021ytd) ONLY March ’21, April ’21 & May ’21 are higher…

A:20% Q: HOW MUCH are TrREB’s/CREA’s New Listings numbers being overstated due to the “TERMINATE & Immed Re-List” strategy? is it 5% – 15% – 25% ??

EXECUTIVE SUMMARY Why is market tight? NEW LISTINGS stats is 20% OVER-STATED — it’s BLOATED by these duplicates Today’s content I started talking again about this in my 10yr comparative Look at the May GTA Stats Heck – if … the Terminate & Immediate re-list Listing Strategy was used by a Large NUMBER (say 50-60%)…

May 2021 – Four Looks at GTA PRICES

Covid interrupted the Almost-always Year over Year Price Increase Notable today TrREB has had DOUBLE-DIGIT yr over yr PRICE Increases in 18 of the last 18 months – pushing the historic limit which was BUSTED to bits by the 16 Steps of the Wynne Lib Ontario Gov’t in April of 2017 Same Info – USING…

May 2021 –4 Looks at SALES numbers

The News says Sales are Down — But ONLY compared to the ALL-TIME RECORDS set in March 2021 and Record Month in April 2021 Heck May was 2nd Best May EVER and one of a very few months w sales over 11,000 NB Prices move up when sales Exceed 8,000 in a month SAME Info…