2002 til Nov 2018 – layer upon layer upon layer This year over year line only broke “down” twice a) in 2008 (crashing down thru previous 2 years prices – AND THEN wholly recovering and returning to full-blast appreciation in 2009 under zero% monetary policy) and b) Q4 2017. 2018 returned to the seasonal pattern”…
reply to “More buyers pushed out of market…for now” This article exemplifies two or three of my pet peeves about newspaper writers, headline writers and print/post editors when the add stories on Real Estate and quote “experts” from the Stock/ Bond/ Financial Derivative/ Wealth-Mgmnt fee-gathering / wholesale REIT-flogging businesses … who have competing “dogs…
No. Mr Elliot-Legacy-Trudeau simply cobbled together an impossible to utilise (beyond Bi-Lateral Changes involving 1 Prov & Feds) Amending Formula and slapped it together with a Condition-ridden Code of Provisional Rights (that we already had stronger versions of in Common Law) and had the UK’s enabling legislation stipulate that the Lords and UK Commons would…
IF …. you take the prior peak as 100 and compare 1969-now in constant 2018 Dollars A simultaneous look at the nominal and CPI-Adjusted Prices with some lines and arrows and comments drawn thereon
Inventory over +1.98% – nothin’ to worry about here New Listings (Including Terminate & ReList strategy) is up 5.16% – no biggie Days on Market 27 vs 28 – who cares? Months of Supply at Current Sales Pace – 2.63 months which is UNDER by 4.10% – nada Sales as % of New Listings (again…
Two Looks – middling volume this Month 6.28% below 10 yr average November Calendar Year Fiscal Year
416 is 39-41% of Sales (2,563) 416 Average Price (all types) $842,483 up 4.85% yr /yr while 416 prices yr to date is almost equal (-0.07%) with 2017 ytd 905 is 59-61% of Sales(3,688) 905 Average Price (all types) $750,721 up 2.44% yr / yr while that price is Down 7.57% year to date vs 2017…
AND a School Year look
