NatBank Teranet reveals their Toronto data is lagged 4 months. IMAGINE what these sharp minds could do with “instant, as it happens” private info currently entrusted to TREB under Data Sharing Agreements & MLS Users Agreements TREB has with its Registered, Insured and Legally Liable members.

Teranet Survey for Toronto is lagged by 4 months! TIME, DEMOGRAPHICS & LOCATION are the NEW 3 most important aspects of a Real Estate Investment This month the much-watched NatBank-Teranet shows, nay declares, that it’s (excruciating excellent) methodology takes time to collect, analyse and prepare for publication. See Red highlighted data in table below from their Sept 12/18…

TREB REPORTS 905 vs 416

Due to 150-160% weighting by greater # of 905 Sales averaging $755,010, the Overall TREB Average Price is pulled down 12.6% from its own $864,275 level to the widely reported Overall Average of $796,786 In addition, Overall Average Prices trend lower due to “Price Selection” (buyers of lower priced properties predominate in summer and fall)…