INVENTORY ticking higher — but not enough 30-40% BELOW Averages NEW LISTINGS WAY UP (but not as much UP as Sales … DEMAND PUSH) PACE of Market — Hot Hot Hot and War? Gas Prices, Inflation — Hey what about Covid? This one says it’s HOT HOT HOT like 2017 just before the 16 point…

25 of the last 27 Months (the 2 odd-balls were Covid April May 2020) have DOUBLE DIGIT ANNUAL PRICE INCREASES 2 Yr Annual Increases (20% to 48%) were Wild too

LAST YEAR 2021 was PHENOMENAL and makes everything look sad – but it’s not Same data, but using Sept-Aug School Year view

IS the CPI a ‘good guide’ to Inflation? No. CPI is the MOST MODEST Measure (ie the LOWEST) intended for Consumers to see on TV So what’s better ? Producers Price Index? and average of PPI & CPPI? Just double the CPI and that’ll be good enough for non-Rocket Surgeons (joke) So which prior Boom…

COMPARING SALES DISTRIBUTION Freehold in 905 = 47.14% Condo in 905 = 14.97% Freehold in 416 = 15.47% Condo in 416 = 22.43 COMPARING PRICES – 905 higher by 14-17% Comparing by Type Detached — 20.03% higher in 416 Semi’s – 16.93% higher in 416 Attached Row house – 1.14% Higher in 416 Condo Apartment…

I would look at this potentiality from 3 consumer viewpoints: A) Recent Buyers (those that bought not-too long ago and are now “underwater”) B) Sellers who were waiting waiting waiting to “Sell at the Top” and C) Owners who were planning to “Stay Put” for 3-7 years regardless – But these answers are not written…