Part 2 *Inventory, New Listings, Days on Market, Months of Inventory & Sales as% of New Listings —- a 10 year view of each

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, AACI, would say “What does the data suggest …”).

Please review the 5 charts below …. all show a “reasonable” June

b) Seasonal Adjusting of Monthly Real Estate Sales info. I object to tinkering with the monthly Realty Sales & Price data in an effort to create “smooth or smoothed” results -because we humans are just not good-enough at algorithms to make the past into the future (now matter how-noble our intentions) and I’ll use two examples the Flu Vaccine – it never has the right combination of ingredients for THIS year’s strain and just as the weather of January may be similar to the weather of its following February or preceding December, (and portions of July might be like portions of June or August) … each month’s weather has so many nuances and influences and variables that it really should only be compared to itself. –

Special thanks to Mr George Klump at the CREA for providing BOTH!! CREAstats ARE an amazing body of work each 15th-of-the-month – ALL the Canadian boards collected, co-related, harmonised, formatted, analysed, graphed and published in 2 weeks!!

85-INVENTORY-JUNE2018

 

 

86-NEW-LISTINGS-JUNE2018

87 DAYS on Market-JUNE2018

88a Months of Inventory JUNE2018

 

88b Sales asPerCent of New Listings-JUNE2018

 

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 we Stop the Boom before it Busted?

Part 5(i) * -The Two Solitudes of the GTA/GGHA

Part 5(ii) 905 vs 416 — A closer look (5 yrs) at the Price Dichotomy

Part 6 * Inflation & Interest Rates – Friend or Foe? 

Part 7 * The Adjustment Lag – the 3-phased time it takes 

Part 8 It’s demand that drives Realty Prices – supply is a by-product of Price engendered Fear, Greed &/or Opportunity 

Part 9 (and again in Late March of 2018) I’ve been wondering about the “Hot Market” Sales Spikes that occurred in Q1 of 1991 & 1994

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9 thoughts on “Part 2 *Inventory, New Listings, Days on Market, Months of Inventory & Sales as% of New Listings —- a 10 year view of each

  1. Pingback: Part 1 * 7 or 9 rarely-noted points that absolutely must be discussed re Toronto/GTA Real Estate 2018 – or we’ll never get anywhere. Not now … and not then … First of 5 sets of charts below and on 9 more numbered-posts | unclebobex

  2. Pingback: Part 5(ii) 905 vs 416 — A closer look (5 yrs) at the Price Dichotomy | unclebobexplains

  3. Pingback: Part 6 * Inflation & Interest Rates – Friend or Foe? TREB 1969 – 2018. The very ‘real’ component of appreciation that gets you nuthin’ except a bigger number 2) Low interest rates, a “leveraged” investment and

  4. Pingback: Part 9 (and again in Late March of 2018) I’ve been wondering about the “Hot Market” Sales Spikes that occurred in Q1 of 1991 & 1994 – Looking now using “Time Excerpts” from the Fabulous Charts at Paul Zammit Realty

  5. Pingback: Part 6 * Inflation & Interest Rates – Friend or Foe? TREB 1969 – 2018. The very ‘real’ component of appreciation that gets you nuthin’ except a bigger number 2) Low interest rates, a “leveraged” investment and

  6. Pingback: Part 8 – It’s demand that drives Realty Prices – supply is a by-product of Price engendered Fear, Greed &/or Opportunity (what can I buy with that increase in $$) But … there is always a transitional lag – a delayed wave

  7. Pingback: Part 9 (and again in Late March of 2018) I’ve been wondering about the “Hot Market” Sales Spikes that occurred in Q1 of 1991 & 1994 – Looking now using “Time Excerpts” from the Fabulous Charts at Paul Zammit Realty

  8. Pingback: Part 6 * Inflation & Interest Rates – Friend or Foe? TREB 1969 – 2018. The very ‘real’ component of appreciation that gets you nuthin’ except a bigger number. 2)Low interest rates, a “leveraged” investment and

  9. Pingback: Part 6 * Inflation & Interest Rates – Friend or Foe? TREB 1969 – 2018. The very ‘real’ component of appreciation that gets you nuthin’ except a bigger number. 2)Low interest rates, a “leveraged” investment and

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