“It’s easier to fool people than to convince them that they have been fooled.”
“It’s easier to fool people than to convince them that they have been fooled.” ― Mark Twain
EIGHT (8) Consecutive Double-Digit ANNUAL GAINS (see 21b) — and similar number of +20% 2-yr Gains (see 21y). Video featuring No Script, No make-up & no edits.
WHAT’s Gonna Stop it? Seasonal supply will increase as Last-Time Sellers of BIG homes they have owned for 25-35 years come on market. SARS fears will subside and folks won’t mind strangers in the homes (as much as in LockDown) Some people accelerated their Spring Purchases to Winter (why wait for spring …. do it…
January 2021 — IN PERSPECTIVE – Compared to the 10yr Average. Inventory, New Listings, Days on Market, MONTHS of Supply Ratio of Sales to New Listings, Sales 905/416 and both
BEAR in mind that the Slowest Months for Sales are Dec & Jan The Slowest Months for NEW Listings is Dec and Jan The Coldest Months of the Year are Dec-March The Snowiest Months of the Year are Nov – March SARS-CoV-2 inspired LOCKDOWNS were implemented in Dec-Feb/March SO … after 6 Consecutive Months of…
January 2021 — GTA Realty Prices — New Highs all-around
+ TrREB’s BarChart shows it nicely — MORE THAN ANY & EVERY Month Ronnie Hauth’s GRAND (Price)VISTA from 1972 to Today And Just the last little while (the Global Monetary Crisis barely registers, eh?)
January 2021 — Four Looks at GTA Realty SALES – in a word … UNPRECEDENTED
50% MORE than Last Jan … which was an ALL-TIME Record!! Same Data BUT (here’s the reason for) using my School Yr View TRREB’s Bar Chart JUMPS out too Ron Hauth (Legendary Boater AND Realtor) Graph has Sales AND Prices simultaneously since 2010 — shows records in BOTH
Rich vs Broke: a definition (Courtesy Richard Aaron – cousin to Bob Aaron our second-Favourite GTA Lawyer/Pundit)
QUINTILES: the CDN population is divided into 5 Groups of 20% (which I call) SILK Collar, WHITE Collar, BLUE Collar, ‘Company’ Collar and NO Collar — PS they got the ‘fifths’ idea from Astronomy + The Property Qualifications
These 5 groups/ Quintles were introduced to me by Statistics Canada. They slice/dice the population by a) FAMILIES and b) Unattached Individuals by INCOME TAXES PAID, (& cite those taxes paid as a % of Income) and Gov’t TRANSFERS RECEIVED (citing those Transfers received as a % of Income) then makes a STASCAN DAILY (here’s…
The Principle of “Fives” — Five times a Week, 5 times a Month and 5 Times a Year NB Blog Video #1 (no director, Hair/Makeup, Script or Edits)
Does Anybody think about Currency Devaluation as reason we have Rising Prices? or do you just figure it’s the Ultra Low rates? but, but, but, WHY do we NEED ultra low rates? For CentralCommand’s benefit? of Carol/Jean Canuck?
Just imagine that the Peak Average House Price (1989) was 100 and all the prior year’s prices (starting 1969) until Jan 2021 were plotted relative to that 100 PLUS an adjustment for that years annual CPI inflation rate — no comment here on why this CPI rate is so Under-reported and/or how they fiddle with…
JANUARY 2021 – a 905 Realty BOOM (but we dare not speak that name) all 3 of them
Lower Prices are the big attraction – natch, always been … but such a far commute, eh? BUT …what if you’re likely gonna be WFH w Full Pay/Benefits …. why not swap that condo for a backyard w a two-car ? (& drive in once a week from Stouffville or Ancaster etc) Despite all that…
unclebobexplains 