INVENTORY at MONTH’s END WAAAAAY Below the Averages by 40-45% THIS SHOWS the situation, Everything “good” sells, Every Month is “Better-than Good” and nothing-much Clogs-up as Inventory NEW LISTINGS – a) too few to begin with and b) 20-30% being DOUBLE COUNTED – skews the Sales to New Listing Ratio readings in the Hallowed Halls…

EVERYONE is complaining about PRICES “locking out Buyers” -Well it’s just like the 1950-60’s, Two Incomes Required + Bank of Mom & Dad (and maybe a bsmnt Apt) AND don’t let those soft-soap bleeding-heart Liberal/Pinkos tell you the average Income cannot support the Prices 40% (Bottom two Quintiles – see Post on Quintiles below –…

JULY was 5th Best July in History, -15.44% below All-Time Best July in 2020, and still 10.55% /10.85% above the 5 & 10 year July Averages Same Thing using School Year (Sept to Aug) TrREB Bar Chart shows July as “second Best” of recent 4 years Ron Hauth’s Sales AND Prices (from 2010) shows that…

Since 1989 (old-timers’ BOOM PEAK) Average price (CPI Adjusted to constant 2021 Dollars) has gone from $517, 207 to $1,062,256 Without inflation/currency adjustment 1989 Price was $273, 698 — there’s where it shows up Same thing but 1989 =100 July 2021 is 210.97 IT’S ALL ABOUT THE MONTHLY PAYMENTS — which are about the same…

4 BIG AREAS – 416, West, North & East Of 9,390 Sales in July OVERALL the July Ave Price is 6.448% HIGHER in 905 and YTD is 3.709% higher (because so much of 416 is condo) Break it Down to TYPES and the numbers differ Detached – 21.35% Higher in 416 Semi-Detached is 27.73% more…

ASTOUNDING!!