Spectacular Stats(albeit lagged 2-3 months) from Teranet National Bank House Price Index
Because of methodology (they use completed transactions) this excellent survey reports on conditions “Arranged/Sold on Paper” about 2-4 months earlier ie these ‘June’ results reported in July were “arranged/Sold” in March and April 2017 Highlights in red In all seven of the Golden Horseshoe markets not included in the composite index (Barrie, Brantford, Guelph, Kitchener-Waterloo, Oshawa,…
Toronto Realty Stats -After the Storm – are we now reverting to ….. Normal?
If Prices climbed too fast …. and then fell back to “excellent”? If Sales spiked on speculation and desperation-buying ….. and then reverted to “great” ? WHAT if the short-supply Spring peaked two months early …. and the summer lull started 2 months early too? It’s just an impression of mine … but a lot…