COMPARED to WHAT?!? the 10 year average- Inventory, New Listings, Pace of Market, Months Of Inventory and Sales in July 2021

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…

July 2021 — 4 Looks at PRICES in GTA

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 2021 –FOUR LOOKS at GTA SALES

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…