October 21, 2022 w Johnder Perez — but what effect will these interest rates bear on monthly payments and ultimately to House Prices?
Video from Real Estate Chat
Orig Published on July 9/2022. What would YOU do if the local Real Estate Association over-reported Sales by 29.6%?
ORIG Pub July 9, 2022 or if they UNDER-reported SALES by that same 29.6%? or over-reported (or UNDER-reported) SOLD Prices by 29.6% last month? or 29.6% over-reported (or UNDER) the amount of Inventory available? or 29.6% over-reported (or UNDER) the number of NEW Listings replenishing the much-discussed low levels of Housing Inventory? Well, our local…
40+ “nobody ever explained it like that” Answers to Realty Questions (from my Nov 19/13 Post) —a revived tradition #UncleBobExplains
reply to “More buyers pushed out of market…for now” This article exemplifies two or three of my pet peeves about newspaper writers, headline writers and print/post editors when the add stories on Real Estate and quote “experts” from the Stock/ Bond/ Financial Derivative/ Wealth-Mgmnt fee-gathering / wholesale REIT-flogging businesses … who have competing “dogs…
Last Time Sellers solve the rev 2.0 THERE’S NOT ENOUGH NEW LISTINGS (HOUSING SHORTAGE CRISIS)
ORIGINALLY PUBLISHED November 16, 2021 I read another Realty Market report today that lamented the lack of inventory in resale housing (many other commentators) lament the lack of inventory in NEW construction Let’s think about RESALES for now ScotiaBank’s Monthly report Cdn Home Sales – October 2021 noted that “…the increase in listings was also…
Estimating OCTOBER GTA Sales = 40% off the 10 yr — Prices Flat at best
Same Data — School Year display (Sept – Aug)
Video Oct 17th — Looking at Realty Predictions in Newspaper & Media Forecasts
Why is Realty Market NOT behaving like all the predictors said it would? Because everyone is waiting …
Perma-Bear Dave Rosenberg:”It’s 1990 again”
https://www.bloomberg.com/news/articles/2022-10-11/rosenberg-sees-1990s-style-canada-housing-bust-hurting-spending Rosenberg Sees 1990s-Style Canada Housing Bust Hurting Spending https://imasdk.googleapis.com/js/core/bridge3.539.0_en.html#goog_514891143 Canada Has a Housing Affordability Crisis: RBCUnmuteCanada Has a Housing Affordability Crisis: RBC By Derek Decloet October 11, 2022 at 11:36 AM EDT Listen to this article 2:04 Share this article Follow the authors + Get alerts forDerek Decloet Home-price declines in Canada are only…
TRREB “RELIST SHARE” of New Listings by 22.8%- 29.59% September 2022 — Skews the Ratio of Sales to New Listings — BY A LOT!
A BUYERS’ Market AND a SELLERS’ Market — depending how you count NEW LISTINGS
unclebobexplains 