TREB Aug 1-30 (1 more day) vs 10 yr (Aug.2018-17) Total of 8206 “Arranged Transactions” 6697 – Firm Sold 1509 – Conditional-Sale Compared to 10 Yr (2018-17) Firm Sales Ave. 7373.7 Min. 6232 (Aug 2010) Max. 9813 (Aug 2016) Advertisements
School Year Sales – shows Winter lull (and Spring Fling) School Year Prices – Shows normal gains, supercharged 2016 Y/Y gains and irrational blow-off in 2017 Y/Y over 2016
Sales – 2002-ytd 2018 Look at the Number of months with sales OVER 5000/mth in 905 – 52 in 15.5 yrs (187) while in 416 they had 65 months over 3350/month (67% of 5000) The 2012-2018 segment “looks” even wilder While today both zones are similarly ~15% off their 10 year averages The 905 consistently…
Averages noted are the past 10 Julys Inventory — Comment: pretty normal New Listings — Comment: very normal Days on Market — Comment: in keeping w normal expectations Months of Supply (Inventory/Sales) — Comment: 16.58% more than average Sales to New Listing Ratio — Comment: 50% is the new 60% uptake rate because…
159.81 is 83.3% of 191.78 No reason to believe that a consumer market exuber-ated by zero-percent, stimulative policy should behave the same way as an anti-inflation, high-interest policy one did – is there? The Variable-Rate Monthly payment $2582 is +25.5% while the 5yr payment is +58.7%
