Dec 2020– The 10 Year Look tells the story!

Inventory Lower by 13-20% than normal and Dec is ALWAYS a low point NEW Listings (yes there’s a lot of duplicate-counting) BUT 26-30% above NORMAL !! Ron’s Chart 5 shows both INVENTORY and NEW listings instead of each “Ourselves Alone” PACE of Absorption — DAYS on Market TrREB’s fancy new “all listing” stat says 35…

Dec 2020 — 4 Looks at PRICES

WE have had 7 consecutive months of Double-Digit Y/Y price increases — in the SARS-CoV-2 year PLUS 4 consecutive monthly Double Digit Prices Increases just before the LOCKDOWNs hit! Same Info except Sept – Aug Year format TrREB shows that PRICES are Higher than EVER Ron Hauth stretches our imagination back to 1972 — Homes…

416 VS the North+East+West 905

38% of TrREB Sales are in 416 – pretty often it’s in the 35-40% range For the 1st time in a while, the AVERAGE 905 Price is HIGHER than the AVERAGE 416 Price by 6.4% (Why? Owners /Buyers of Big $stuff in 416 are on holidays, and small stuff -Condos are HOT again w Investors,…