Updated July 11 2018 Number 5 –The Two Solitudes of the GTA/GGHA are actually ONE Economic-Ecological Commuter/Consumer Watershed and one day will become Canada’s Prototype Special Administrative Zone (a Neo-Province/Subsidiarity, that dares not speak its name) & Number 6 — But until then, 905 & 416 are governed, reported and ‘thought-of’ as two — edit…
Everyone’s gotta “live somewhere” AND most people gotta “save money” for retirement/Family Legacy Canada is the GREATEST country on earth and (despite shenanigans and vote-buying with the Crown’s Revenue & Expenditures by generation after iteration of gov’t-parties & Individual stewards) this GREATNESS is paid for by Taxes, Royalties, Tariffs, User Fees and whatever this years…
Updated July 11, 2018 NUMBER 4 Failure of the General/ConFederal and Ontario government departments of Finance/Revenue, Economics, Social Policy, Housing Policy, Landlord-Tenancy Policy, Taxation of HST, Income, Capital Gains, World-wide Income etc, Non-Resident Investment Policy and attitudes towards Tax Deferrals, Avoidance, Evasion and “they’ll never find me” Scofflaws to “nip” the Real Estate Price escalation…
Updated July 11, 2018 Prices in 905 vs 416 NB this is July 2018 TREB Data Please also look at the 2002-2018 charts in the Two Solitudes post Part 5(i) about 50% MORE sales at lower Ave $$ are pulling the Overall down Sales in 905 vs 416 Again –these # are NOT ACCOUNTING for…
A common characteristic of Humans is to see events through the lens of yesterday. To see events in the way that makes THEMselves look good (or not bad) To see events in a way that makes THEIR situation/world-view/ previously expounded positions improve/come to fruition It is very common for Humans to not-wish to change their…
Updated July 11 2018 Also NUMBER #3 A look at both Prices and Sales from this ‘fiscal year’-style perspective. Why? because to me the Seasonality of TREB market is most influenced by our School Term (and the weather). In many cases, it’s families that plan to Sell or Buy and co-ordinate that Move to align…
Updated July 11 2018 NUMBER 3 a) Only by looking at a 10 year slice of time (even though 2008-2017 was almost-throughout [i.e. Q3 & Q4 of 2008 and Q1 of 2009 excepted] a dazzling Price-Up, Sellers’ Market) to gain perspective on how our subject month is performing (or, as the late, great Murray Jones,…
InterActive Charts from Zammit Real Estate Inc. https://zammit.com/charts Part 1 — 7 or 9 rarely-noted points that absolutely must be discussed Part 2 *Inventory, New Listings, Days on Market, Months of Inventory & Sales as% Part 3 * More about Point of View – using The School Year Sept 1-Aug 31, Part 4 *Why didn’t…
Revised July 9/18 EXECUTIVE SUMMARY Point #1 — The Real Estate Industry DOES NOT SPIN its numbers. It’s a blessing – one that creates room for opinions and data-interpretations like this. All other businesses/ industries put their Greatest Stat Hits and Chart-topping Wonder Numbers in the Executive Summary, the Top of Page Highlights, Above…
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