4+ Looks at TRREB PRICES

Past Previous Monthly Peak and 16.9% Yr over Year (Double Digit Gains in Dec 2019 as well as in Jan & Feb 2020) Slump? what slump? SARS? what SARS? Ron Hauth’s two looks from 1972 & then from 2007 show the Big Picture

The Action is OUTSIDE 416 Record 11,081 Sales in July

905 Freehold = 53.42% 416 Condo = 18.34% 416 Freehold = 14.79% 905 Condo = 13.45% WHERE were the Sales Regionally? 32.28% in 416 Averaging $$1,017,320 and 67.72% in 905 Averaging $908,622 BUT by Type …… 416 Detached are 45.33% more 416 Semi’s are 52.68% higher 416 Attached Row Towns are 21.43% more and 416…

House didn’t sell on Offer Date … now they raise the price

When a seller(brokerage) sets a low Listing Price, but holds offer presentation for a future date, it indicates that their Sale price expectations exceed the actual asking price. The question is “by how much?” A real buyer – motivated and financially-prepared – will assume the seller expectations are 7-12% above the asking price. So…. if…