What’s Normal in January? – 10 yr look at Inventory, New Listings, Days on Market, Months of Supply, the Sales-to-NewListing Ratio, Regional Sales & TRRRB Overall Sales

INVENTORY is the Problem — we are OFF the 5 & 10 yr by +30% NEW LISTINGS are also contributing to Inventory/Active SQUEEZE – 5yr is Off 10.6% & 10yr by 14.43%. Buyers (and Sales Reps) primarily trade in Active Listings (this is why Off-Market, Vest-Pocket and Coming-Soon are Hot Topics …. buyers trying to…

GTA and its Four Giant Sub-Markets

~1/3rd in 416     ~1/3rd in WEST905    ~1/3 NORTH905 & EAST905 DATA Chart – Separating the 905’s from 416 — Price Gap still ~9% DATA Chart – Separating by TYPE the Gap rises to 17.11% to ~40% PRICE FROM PEAK -comparing 905’s -11.87% to 416’s -6.17% SALES compared to 10 yr Averages